Midcap Breakouts: SEBI RA Flags HEG, DMCC, PPL Pharma, Precision Wires For Upside Moves:

Several midcap stocks are flashing bullish technical setups, with breakouts backed by volume and strong momentum indicators.

SEBI-registered analyst Vinay Kumar Taparia has identified HEG, DMCC, PPL Pharma, and Precision Wires as stocks to watch based on recent price action and RSI strength.

HEG 

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Taparia noted the stock has bounced off an upward trendline and broken out with a bullish candle on above-average volume. 

He expects HEG to climb to ₹650 within a year. The stock can be bought at the current market price (CMP) and on dips to ₹510. Exit on a close below ₹490.

DMCC

According to Taparia, DMCC has broken out from a consolidation zone at lower levels with supporting volume. 

He recommends buying at the current market price (CMP) and at ₹260 on declines, targeting ₹290–₹305 and ₹340 over 6–9 months. Traders can maintain a stop loss at ₹248 on a closing basis.

PPL Pharma

The analyst pointed to a cup-and-handle breakout at lower levels, backed by rising volume and RSI strength. 

PPL Pharma can be accumulated at CMP and around ₹200, aiming for ₹225, ₹240, and ₹250 over 6 months, with a stop-loss of ₹197.

Precision Wires 

Taparia described Precision Wires as a “superb breakout” with strong volumes. 

He sees entry points at CMP ₹196 and declines to ₹180, with targets of ₹220 and ₹260 over the next year. Stop-loss: ₹172.

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