As soon as the Union Budget 2025-26 was introduced, some stocks have made a splash in the stock market. Finance Minister Nirmala Sitharaman paid special attention to areas like middle class, agriculture and MSME in the budget. Along with this, the shares of some companies saw a boom due to tax exemption and announcement of rural development. Let’s know through technical charts about those 5 stocks that can give you good profits in the near future.
1. ITC
Current price: ₹ 460
Possible bounce: 8.7%
Support Level: ₹ 457, ₹ 441
Resistance Level: ₹ 465, ₹ 477
After the Union Budget, ITC shares have seen a sharp rise, as there was no change in tax on cigarettes. If the stock closes above ₹ 457, it can be faster. It is trading above ₹ 441 for its 20-DMA (Daily Moving Average) for the second consecutive day, which is a good sign. According to the technical chart, it can soon go up to ₹ 500. If the stock goes down, the level of ₹ 441 will help to handle it.
2. Bata India
Current price: ₹ 1,327
Possible bounce: 11.9%
Support Level: ₹ 1,265
Resistance Level: ₹ 1,334, ₹ 1,410
Bata India shares are trading rapidly for the fourth consecutive day. It is currently facing the hurdle on the super trend line near ₹ 1,334. The major indicators of the Daily Chart (Momentum Ossilateers) look positive, hoping that the stock can go to ₹ 1,485. Light resistance may be faced at ₹ 1,370 and ₹ 1,410 in the middle. If the stock declines, the level of ₹ 1,265 will help to handle it.
3. Jomato
Current price: ₹ 229
Possible bounce: 10.5%
Support Level: ₹ 222, ₹ 216
Resistance Level: ₹ 240
Jomato shares have been trading on their highest high in the last two weeks. The decline after the Q3 results has almost recovered the stock and is now trading around 20-DMA of ₹ 230. Major indicators on the Daily Chart are showing positive crossover, which is expected to raise more in the near future in stock. If the stock declines, it can get support at the level of ₹ 222 and ₹ 216.
4. Campus Activewear
Current price: ₹ 294
Possible bounce: 21.8%
Support Level: ₹ 283, ₹ 265
Resistance Level: ₹ 315, ₹ 322
Campus Activar’s shares are trying to breakout on the daily chart. If it closes above ₹ 292, it may accelerate. If the stock declines, the levels of ₹ 283 and ₹ 265 will help to handle it.
5. Cauvery Seed Company
Current price: ₹ 973
Possible bounce: 14.1%
Support Level: ₹ 961, ₹ 910
Resistance Level: ₹ 1,025, ₹ 1,055
KSCL shares must close above ₹ 961 for a breakout on the daily chart. Major indicators on the Daily and Weekly Chart are giving positive indications. If the stock closes above ₹ 961, it can grow rapidly towards ₹ 1,110. The level of ₹ 910 will help handle it in the event of a decline.