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MTAR Technologies and three more stocks hit five year swing highs as bullish momentum builds

Economy
Published on 4 May 2026
MTAR Technologies and three more stocks hit five year swing highs as bullish momentum builds

Approaching resistance levels, but are breakouts confirmed

MTAR Technologies and three other NSE-listed firms with market caps above Rs 10,000 crore touched their 5-year swing highs on April 30, reflecting bullish momentum. MTAR Technologies and Hitachi Energy India are now nearing key resistance levels, with technical indicators hinting at further upside. However, the report notes not every move yet qualifies as a confirmed breakout.

  • Four large-cap NSE stocks hit 5-year swing highs
  • MTAR Technologies and Hitachi Energy India near resistance
  • Technical indicators suggest upside potential
  • Some moves may not be confirmed breakouts
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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