Breakout Stocks: How are Eris Lifesciences, Aurobindo Pharma and NTPC looking on charts for Tuesday’s trade?
The Indian market rebounded after a previous drop, with the S&P BSE Sensex rising over 300 points and the Nifty50 closing above 19600 levels. Metal, healthcare, public sector, and oil & gas stocks saw buying activity, while IT stocks experienced selling. Eris Lifesciences, Aurobindo Pharma, and NTPC were highlighted as stocks to watch. Eris Lifesciences broke out of its consolidation zone, Aurobindo Pharma showed momentum with a breakout above the 5 and 10-day average, and NTPC demonstrated consistent upward movement with support at moving averages.
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