By Gurumurthy Kbl Research

Copyright thehindubusinessline

I have bought Mazagon Dock Shipbuilders at ₹3,150. What is the outlook and what are the important levels to watch?

KS Venkatachalapathy, Erode

Mazagon Dock Shipbuilders (₹2,986): The long-term outlook is bullish. The recent rise from the low of ₹2,558 made earlier this month marks the end of the corrective fall. Immediate support is at ₹2,880 which can limit the downside for now. Below that, ₹2,600 is the next strong long-term support. Resistance is at ₹3,050. A break above this hurdle can boost the bullish momentum.

That can take Mazagon Dock Shipbuilders share price up to ₹4,100 over the next one year. You can buy more and accumulate at current levels. Keep the stop-loss at ₹2,540. Move the stop-loss up to ₹3,010 as soon as the stock goes up to ₹3,180. Revise the stop-loss up to ₹3,330 and ₹3,830 when the price touches ₹3,620 and ₹4,000 respectively. Exit the stock at ₹4,100.

I bought Yes Bank shares at ₹20.30. Could you please share the long-term outlook?

Sreelakshmi R Varier

Yes Bank (₹21.20): The stock is gradually inching up. Resistances are at ₹22 and ₹23. The bias is positive. A break above ₹23 can take the stock up to ₹30-31. If it manages to breach ₹31, then there can be an extended rise to ₹40-41. Hold the stock with a stop-loss at ₹15.80. Buy more if you get a dip to ₹19. Revise the stop-loss up to ₹23 when the price touches ₹27.

Exit 30 per cent of your holding at ₹30 and move the stop-loss up to ₹26 for the balance holdings. Then take the stop-loss up to ₹30 and ₹35 when the price goes up to ₹33 and ₹38 respectively. Exit the balance holdings at ₹40. Watch the stock closely so that you don’t miss the exit levels, as the rise may happen fast..

I have bought TVS Supply Chain Solutions at ₹130. What is the long-term outlook?

Sabera Begum, Gulbarga

TVS Supply Chain Solutions (131.40): The trend is down. Within that, the stock is consolidating above ₹120 for a few months now. Resistance is at ₹148. Support is at ₹120. A break above ₹148 can trigger a corrective rise to ₹165. However, a decisive break above ₹165 is needed to indicate a trend reversal. On the other hand, a break below ₹120 will keep the downtrend intact and drag the stock down to ₹110 and even lower.

The immediate outlook is mixed, and the stock can go either way from here. As the downtrend is intact and there is no sign of a reversal, it is better to exit the stock now. You may consider reinvesting the sale proceeds in Yes Bank explained in the previous query. Follow the same strategy.

I have SKM Egg Products Export (India) shares. My purchase price is ₹335. What is the outlook?

Preethy, Visakhapatnam

SKM Egg Products Export (India) (₹343): The stock has surged from a low of ₹151 made in April this year. The trend is up and strong. Support is at ₹295. Below that, ₹260 is the next important support. A corrective fall to ₹295 or even ₹260 is a possibility now. A fresh rise from either ₹295 itself or from around ₹260 can take the stock up to ₹600-650. You can buy more at ₹305. Keep the stop-loss at ₹240.

Trail the stop-loss up to ₹385 as soon as the stock goes up to ₹410. Move the stop-loss further up to ₹430 and ₹520 when the price touches ₹480 and ₹560 respectively. Exit the stock at ₹600. The volatility looks high. So adhere to the stop-loss and exit if the stock declines below ₹260.

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Published on September 20, 2025