The trend has been up for the stock of PhysicsWallah since March. While it recently witnessed a correction in price, the chart shows formation of a new base at ₹123, where the 50-day moving average coincides.We expect the scrip to witness a fresh leg of rally on the back of this. In the near-term, the stock has the potential to rally to ₹155.A breakout of this can lift it to ₹170. Since the outlook is bullish, traders can go long on the stock now at ₹131* and buy more shares if the price dips to ₹125. Place initial stop-loss at ₹117.When the stock rises to ₹145, raise the stop-loss to ₹138.Tighten the stop-loss to ₹145 when the price hits ₹150. Book profits at ₹155.(Note: The recommendations are based on technical analysis. There is a risk of loss in trading.)Published on August 10, 2026