Nippon Life eyes ₹950 after breakout; bull run may begin

Nippon Life eyes ₹950 after breakout; bull run may begin

Analyst Aditya Thukral sees fresh upside in Nippon Life India AMC as the stock breaks out from a cup pattern after consolidating in the ₹735-800 range. With RSI strong near 60 and price above key EMAs, he targets ₹950 in 6-8 weeks. A stop-loss is set at ₹712 on a weekly close. Stock will go ex-dividend (₹10) on July 4.

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