Three NSE Stocks to Watch: KPIL, Happiest Minds Technologies & Huhtamaki India

NSE KPIL Elliott Wave Analysis: Wave (3) Rally Continues

Key Highlights

• Wave (2) appears complete near 996.
• Breakout above 1,337 confirms renewed bullish momentum.
• 1,895 is the next major upside target.
• The bullish outlook remains valid while price stays above 996.

KPIL appears to have completed a corrective Wave (2) near the 38.2% Fibonacci retracement level and has resumed its larger uptrend. The stock has recently broken above the previous Wave (1) high around 1,337, confirming renewed bullish momentum. The strong rally from the Wave (2) low suggests that a larger Wave (3) may be underway.

Next target: 1520 – 1590 – 1680 – 1895
Invalidation Level: The overall bullish structure remains valid as long as the Wave (2) low near 996 is not violated.

Huhtamaki India Ltd: Intraday Traders May Watch for Selling Opportunities

Huhtamaki India Ltd remains weak in the short term. Intraday traders may consider selling the stock for downside targets of 186 and 180.

Happiest Minds Technologies Ltd: Weak Price Structure Favors Sellers

Happiest Minds Technologies Ltd is trading near an important support level. If the stock breaks below 340 and closes below this level, day traders may consider selling the stock for downside targets of 322 – 312 – 308.