1 week ago
Three Stocks Poised for Breakouts and Gains This Week
The article looks at three stocks that may move higher this week.
Jindal Saw recently rose and moved above an important price level.
The analysis expects it could first reach ₹330 and later ₹400.
SBI Life Insurance has been moving within a broad price range since April.
The analysis says it may rise toward ₹2,050 if its support range remains strong.
Union Bank of India has been climbing since finding support at ₹154.
It broke above ₹178, which the analysis views as a positive sign.
The article gives suggested buying levels, stop-loss levels, and profit targets for all three stocks.
Jindal Saw gained about 10% last week and broke above ₹280 resistance.
Jindal Saw is projected to reach ₹330, then potentially rally to ₹400.
SBI Life Insurance has traded between ₹1,735 and ₹1,925 since April.
SBI Life could rise to ₹2,050 if its ₹1,700–₹1,750 support holds.
Union Bank of India may advance toward ₹220 after breaking above ₹178.
- Who
- Jindal Saw Limited, SBI Life Insurance Company Limited, and Union Bank of India.
- What
- A technical analysis identifies possible upward moves and suggested trading levels for the three stocks.
- Where
- When
- The article was published on August 22, 2026, and discusses the coming week.
- Why
- The analysis cites breakouts, support levels, resistance levels, and existing upward trends on the stocks’ charts.
Key facts
- Jindal Saw current price
- ₹291.55
- Jindal Saw outlook
- Possible rise to ₹330 and later ₹400; suggested stop-loss is ₹250.
- SBI Life current price
- ₹1,795
- SBI Life outlook
- Potential rise to ₹2,050 if the ₹1,700–₹1,750 support band holds.
- Union Bank of India current price
- ₹183
- Union Bank outlook
- Potential rise to ₹220 after moving above ₹178.
- Publication date
- August 22, 2026
Sources
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