Hitachi Energy, Nykaa shares turn bullish; analysts see up to 26% upside

Navin Fluorine, Hitachi Energy India and Nykaa shares show strong bullish breakouts. Kunal Kamble of Bonanza recommends 'Buy' as he sees up to 26 per cent upside in stocks in near-term

Stocks to buy today, Feb 9, 2026:

  Navin Fluorine International Ltd 

Buy Range: ₹6,417 

Stop Loss: ₹5,811 

Target: ₹7,778 

 

Navin Fluorine International share price is trading in a strong long-term uptrend on the weekly chart and has recently broken above the 6,200 resistance zone, signaling fresh strength. Navin Fluorine stock is comfortably placed above all key EMAs, confirming sustained bullish structure. Rising volumes on the breakout validate demand at higher levels. RSI near 67 reflects healthy momentum without overbought stress, indicating room for further upside. The recent consolidation in the stock near highs suggests a continuation pattern rather than exhaustion. 

 

Hitachi Energy India Ltd 

Buy Range: ₹21,871 

Stop Loss: ₹19,600 

Target: ₹26,400  

 

Hitachi Energy India share price has delivered a strong bullish breakout on the daily chart, with price closing above the 21,800 resistance zone on heavy volumes, highlighting strong buying interest. Hitachi Energy stock has decisively reclaimed all key moving averages, indicating a clear trend reversal after a prolonged consolidation. The short-term EMAs are turning upward, supporting momentum continuation, while price sustaining above the 200-EMA keeps the broader structure firmly bullish. RSI near 70 reflects improving strength without major divergence. 

 

FSN E-Commerce Ventures Ltd

Buy Range: ₹277 

Stop Loss: ₹235 

Target: ₹350

 

FSN E-Commerce Ventures (Nykaa) share price is showing a strong bullish reversal on the daily chart with a decisive breakout above the 270 resistance zone, supported by a sharp rise in volumes, indicating fresh participation. Nykaa stock has reclaimed all key short- and medium-term moving averages, signaling trend resumption. The 20-EMA crossing above the 50-EMA adds momentum strength, while price holding well above the 200-EMA confirms a positive broader structure. RSI near 70 reflects strong momentum without extreme exhaustion. 

   

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Disclaimer: This article is by Kunal Kamble, sr. technical research analyst, Bonanza. Views expressed are his own.