Caplin Point Laboratories (₹2,031.45)Bulls to regain tractionSince early April, the stock of Caplin Point Laboratories has been in a steady uptrend. Three weeks ago, it surpassed a resistance at ₹1,960. While there was no follow-through rally post the breakout, the stock was able to sustain above this level, indicating that the bulls retain the upper hand. Now that the stock has seen some consolidation, we expect it to begin the uptrend soon. The scrip shows potential to rally to ₹2,350. Hence, participants can buy the stock now at ₹2,031 and accumulate at ₹1,960. Place stop-loss at ₹1,900. When the price rises to ₹2,200 and ₹2,300, revise the stop-loss to ₹2,050 and ₹2,200 respectively. Exit at ₹2,350.Kalyan Jewellers India (₹371.80)Short-term trend turns positiveThe stock has been in a downtrend since January 2025. However, the scrip has been consolidating for nearly three weeks. But last week, the price rallied 4.6 per cent and broke out of ₹362. This confirmed the double-bottom chart pattern, indicating a bullish trend reversal, at least for the short term. The chart set hints at a rally to ₹415. Therefore, traders can go long now at ₹371 and buy more shares if the price declines to ₹362. Place stop-loss at ₹345. When the price rallies to ₹390, raise the stop-loss to ₹370. Tighten the stop-loss further to ₹390 when the stock moves up to ₹400. Liquidate the longs at ₹415.Quess Corp (₹235.80)Trend turns positiveThe stock appreciated over 13 per cent last week. Consequently, it surpassed the barrier at ₹225. Also, the price has risen above the 21- and 50-day moving averages. From the current level, the price is likely to drop to ₹218. But the stock can resume the uptrend and appreciate to ₹320 over the medium term. That said, when the price goes up to ₹285, we might see the stock consolidate around this level before rising to ₹320. Traders can buy now at ₹235 and accumulate at ₹218. Place stop-loss at ₹195. When the stock hits ₹285 and ₹300, revise the stop-loss to ₹265 and ₹285 respectively. Exit at ₹320.Published on June 6, 2026