According to Ventura's Bharat K. Gala, shares of Tata Elxsi, Zensar Technologies, and Havells India have demonstrated technical signs of recovery following recent declines. The expert identifies these stocks as attractive technical opportunities for investors navigating market volatility. As reported by Ventura, the Indian stock market experienced sharp volatility during the first half of the week before extending gains during Thursday's trading session.
Tata Elxsi was trading 1.80% higher at ₹3,686.10 per share on BSE at 1:17 pm on Thursday, according to Ventura's latest report. The IT stock has shown a 24.03% upside potential with a target of ₹4,250 and stop loss at ₹2,996. The recent uptick comes after the stock commenced its downtrend from ₹5,950 in January 2026, trading below key moving averages. As reported by Ventura, the stock has given a Falling Wedge – Reversal Breakout on the weekly chart supported by volumes, reaching a high of ₹3,429 (Oct 26).
Zensar Technologies was trading 3.06% higher at ₹505.05 per share on BSE at 1:28 pm on Thursday, extending gains made over the past two trading sessions. The stock has shown 22.15% upside potential with a target of ₹585 and stop loss at ₹423. According to Ventura, the stock entered consolidation phase between June and October 2026 after ending September at record low levels. The expert notes a Descending Channel Breakout on the weekly chart with indicators like MACD, TSI & Stoch RSI suggesting positive crossover.
Havells India was trading 0.64% lower at ₹1,109.90 per share on BSE at 1:40 pm, as reported by Ventura. The consumer durables stock has shown 11.83% upside potential with a target of ₹1,210 and stop loss at ₹1,015. The stock saw steep correction from August 2026 and formed a lower low of ₹1,015.10 per share. According to Ventura, the stock has given a Descending Channel Breakout on the daily chart with indicators like MACD, TSI & Stoch RSI suggesting positive crossover.
