Breakout Stocks: How to trade Torrent Pharma, SBI Life and eClexr that hit fresh 52-week high?
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The Indian market closed in the red for the second consecutive day in a row on Friday. The BSE Sensex fell more than 700 points while the Nifty50 closed below 24900. Sectorally, buying was seen in healthcare while selling was seen in oil & gas, power, utilities and capital goods. Stocks that hit 52-week high include names like Torrent Pharma which rose more than 2%, SBI Life gained nearly 2% and eClerx pared gains and closed 0.3% lower on Friday. We spoke to an analyst on how one should look at these stocks the next trading day entirely from an educational point of view: Analyst: Kunal Kamble, Sr. Technical Research Analyst at Bonanza Torrent Pharma: HOLD Torrent Pharma has given a breakout above the falling trendline (initiated on 23rd June 2025) and has now also surpassed its previous swing high, confirming a bullish continuation. Live Events The rise in volume during the breakout session reflects strong buying interest at current l...