Alkem Labs is a stock to consider. It has recently broken out and is trading at all-time highs. Given the sustained buying interest and long build-up in the derivative data, Alkem Labs may continue to rise. The target is around 6,000 to 6,050, with a stop loss at 5,720.
Breakout Stocks: How to trade JSW Holdings and HCL Technologies on Monday
The Indian market remained volatile throughout Thursday’s trading session. The BSE Sensex fell by more than 100 points, while the Nifty50 closed above the 23,500