Generated on: 05 Jan 2026, 03:22 PM IST | Market Regime: Positive
Why Sobha Limited is a Strong Position
Sobha Limited (SOBHA) is currently showing strong bullish signals, making it an excellent candidate for a breakout opportunity. The stock has recently broken through a significant resistance level at ₹1554.0, indicating a structure breakout. This breakout is further supported by its relative strength, as SOBHA is outperforming the Nifty index, showcasing its resilience in the current market environment.
Moreover, the institutional volume has surged to 2x, indicating strong buying interest from large investors. Coupled with an impressive RSI momentum of 6.7x, these factors suggest that the stock is poised for further upward movement.
Split Target Strategy
Our trade plan includes a split target strategy to maximize potential gains while managing risk. We recommend booking 50% of your position at Target 1, set at ₹1655.45, to secure profits. The remaining position can be held for Target 2 at ₹1741.8, allowing for further upside potential. The stop loss is set at ₹1482.75 to protect against adverse movements.
Other Stocks on Radar
| Stock | Price | Score |
|---|---|---|
| SOBHA | 1569.1 | 75 |
| METROPOLIS | 2051.7 | 75 |
| UNIONBANK | 162.29 | 75 |
| NESTLEIND | 1314.3 | 75 |
| MSUMI | 52.02 | 75 |
Conclusion
With the current bullish market regime and strong technical indicators, Sobha Limited presents a compelling opportunity for traders. We encourage you to check the latest charts on TradingView or your broker app to stay updated on this breakout.
Disclaimer: This alert is for informational purposes only and should not be considered as financial advice for trade or investment. Please conduct your own research before making any investment decisions or consult your own financial advisor for any trade or investment decisions.
This report is generated by FindNex's AI Intelligence Engine. It is NOT a buy/sell recommendation. Trading involves financial risk.
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