Tech Query Sula Vineyards, Tata Elxsi, Aster DM Healthcare, VA Tech Wabag – What Is The Outlook? Where Are These Stocks Headed? 

What is the long-term outlook for Sula Vineyards? I have bought this stock at ₹376

Rohini

Sula Vineyards (₹178): The stock is in a strong downtrend. There is no sign of a trend reversal. Strong resistances are at ₹220 and ₹260. The stock has to rise above ₹260 in order to indicate a trend reversal. But that is unlikely. There is a danger of seeing ₹100 and even lower levels. So, you must exit this stock now.

Always remember to have a stop-loss whenever you enter a trade. It will help in minimising the loss and also help avoid getting stuck in a wrong trade for a prolonged period of time. Any trade should have a proper strategy. That is, when you get into a trade, have a target and stop-loss. All the more important is strictly adhering to those fixed levels.

I have bought Tata Elxsi shares at ₹7,200. What is the outlook?

Mathew

Tata Elxsi (₹4,821): The trend is down and that continues to remain intact. There is room to see ₹4,100 from here. Resistances are at ₹6,000, ₹6,300 and ₹7,200. The stock has to first rise above ₹6,300 to get some relief. Ideally, a rise above ₹7,200 is needed to indicate a trend reversal and turn the outlook bullish.

Only then the chances of revisiting ₹10,000 levels will come into the picture. But to get such a rise, a strong positive trigger is needed. As such, the chances of a rise above ₹6,300 is unlikely. So, exit the stock now and accept the loss. As insisted in the previous query, understand the importance of having a stop-loss. Next time when you enter a trade, make sure you have a stop-loss in place.

I have shares of Aster DM Healthcare bought at ₹375. Can I continue to hold the stock or exit?

Navendu Sharma, Ahmedabad

Aster DM Healthcare (₹600): The broader trend is up and that is still intact. The recent bounce from the low of ₹519.80 made earlier this month indicates that the corrective fall has ended. It also signals that a fresh leg of upmove has begun. Strong support is around ₹500. The stock has to fall below this support to become bearish.

The long-term outlook is bullish. The stock can go up to ₹780 in the coming months. Keep a stop-loss at ₹470 and hold the stock. Revise the stop-loss up to ₹590 when the price goes up to ₹660. Move the stop-loss higher to ₹640 and ₹720 when the price touches ₹690 and ₹750 respectively. Exit the stock at ₹780.

I have bought VA Tech Wabag at ₹1,342. What is the long-term outlook?

Chandrasekar, Chennai 

VA Tech Wabag (₹1,284): The trend is down since December 2024. Crucial supports are at ₹1,000 and ₹930. A bounce from either of these two supports and a subsequent rise past ₹1,400 will turn the outlook bullish. In that case, there are good chances to see a rally to ₹2,200 over the next one-two years. So, you can continue to hold the stock.

If you have the risk appetite, then buy more at ₹1,030. Keep a stop-loss at ₹840. Revise the stop-loss higher to ₹1,220 when the price goes up to ₹1,480. Move the stop-loss higher to ₹1,680 and ₹1,910 when the price touches ₹1,860 and ₹2,090. Exit the stock at ₹2,200. The bullish view will go wrong if the price declines below ₹930.

Send your questions to techtrail@thehindu.co.in

Published on February 14, 2026