I have bought Vodafone Idea shares at ₹12.45. What is the long-term outlook?
Pradeep Kabra, West Mumbai.
Vodafone Idea (₹11.95): The stock has been in a strong uptrend since mid-August this year. The recent rise has happened after forming a strong base between ₹8 and ₹6. So, this upmove is strong and remains intact for now. Cluster of supports are there in the ₹11-₹9.50 region. There is potential for the stock to target ₹19-₹20 in the coming months.
However, this rise may not happen in a straight line and there will be intermediate short-lived correction. You can accumulate on dips at ₹11.50. Keep the stop-loss at ₹9.10. Revise the stop-loss higher to ₹12.3 as soon as the stock goes up to ₹14.4. Revise the stop-loss up to ₹14.5 and ₹17 when the price touches ₹16.5 and ₹18 respectively. The bullish view will go wrong only if the stock falls below ₹9.50.
I would like to invest in Engineers India for the short term. Please advise.
Ashish Pathrabe
Engineers India (₹205.35): The short-term outlook is unclear. The stock has been stuck inside a sideways range since August this year. The trading range has been ₹188-218. The range remains intact for now. A breakout on either side of ₹188-₹218 will determine the next leg of move. A break above ₹218 can take the share price higher to ₹227 initially.
A decisive break above ₹227 is needed to boost the momentum and turn the sentiment positive. Only then the upside will open up for a rise to ₹260-₹265 and higher. On the other hand, if the stock breaks the range below ₹188, a fall to ₹175-174 can be seen. Since the direction of move is not clear, it is better to stay out of this stock for now.
I have bought shares of Praj Industries at ₹460. What is the outlook for the stock?
Dibyajyoti
Praj Industries (₹332.85): The trend is down and strong since the beginning of this year. There is no sign of a reversal. Support is around ₹270 which can be tested in the near term. A bounce from there and a subsequent rise past ₹345 can take the share price higher to ₹440 in the next six months or so.
To indicate a bullish trend reversal, the stock has to rise past ₹440. Only then the chances of revisiting ₹600 and ₹800 levels will come into the picture again. On the other hand, if the stock fails to bounce from around ₹270 and breaks below it, the downside pressure can increase. In that case, the share price can fall to ₹190. We suggest you accept the loss and exit the stock now.
I have Niva Bupa Health Insurance Company shares. My purchase price is ₹82. What is the outlook?
Swadesh Majumdar
Niva Bupa Health Insurance Company (₹75.25): The stock is consolidating above a key support level of ₹72 over the last two months. As long as the stock stays above ₹72, the bias is positive to make a bullish breakout of this consolidation. A decisive break above ₹79 can take the share price higher to ₹86 in the coming months.
If you have the risk-appetite, you can accumulate on dips at ₹73. Keep the stop-loss at ₹71. Move the stop-loss higher to ₹77 when the price goes up to ₹81. Revise the stop-loss higher to ₹80 and ₹83 when the price touches ₹82 and ₹85 respectively. Exit the stock at ₹86. If you do not wish to accumulate, then you can exit the stock now and accept the loss.
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Published on December 27, 2025
