Market Trading Guide: Buy Paytm, Bank of Baroda and 2 more stocks on Tuesday for up to 13% gains – Stock Ideas

Stop Loss: 2.5% below CMP (Rs 1,226)
Target: Rs 1,321
KPIT Technologies has delivered a trendline breakout after several weeks of compression, with price closing at ₹1,258.20 (+2.93%) and decisively moving above the downward sloping resistance. The breakout is supported by rising volumes and price holding above key short-term EMAs, indicating strengthening bullish intent. RSI at 62.65 reflects improving momentum without being overstretched, reinforcing the likelihood of a continuation move. As long as the stock sustains above the breakout zone, the structure remains positive.
(Drumil Vithlani, Technical Research Analyst, Bonanza Portfolio)