Breakout Stocks: How are South Indian Bank, Gabriel India and BF utilities looking on charts for Monday’s trade?

economictimes.indiatimes.com:

The S&P BSE Sensex fell more than 200 points while the Nifty50 closed below 19400 levels. Sectorally, buying was seen in power, utilities, FMCG and some infra stocks while selling was visible in IT, metals, public sector and telecom stocks. Stocks that were in focus include names like South Indian Bank which was up more than 6% to hit a fresh 52-week high, Gabriel India rallied more than 10% and BF Utilities closed with gains of more than 3% on Friday. We have collated a list of three stocks that either hit a fresh 52-week high or saw a volume or a price breakout.

Technical Breakout: Bajaj Finserv, IRCTC, 3 other counters cross 200-day SMA

We spoke to a trader on how one should look at these stocks the next trading day entirely from an educational point of view:Analyst: Viraj Vyas CMT, CFTe |Technical & Derivatives Analyst| Institutional Equity, Ashika Stock Broking LimitedGabriel India: Since its decline which began in September 2017, the stock has been engaged in a consolidation phase. During this period, a rounding bottom pattern has taken shape — a formation known for substantial accumulation and potential for significant price escalation.

Weekly Breakout: Titan, Mahindra Holidays & Resorts among 6 stocks which crossed last week's high

Notably, the stock has surpassed its previous highs in the previous month and has maintained its position above that level supported by robust trading volumes. We see the stock moving in a defined range of Rs 305 to 350. Investors who already have a stake are advised to establish a stop-loss at the 205 level on a closing basis. This cautious approach safeguards against adverse movements.BF Utilities:Over the years, BF Utilities has encountered a