Hitesh Rathi, a technical analyst at Angel One, has flagged Capri Global Capital, Engineers India, and Acme Solar Holdings as potential breakout stocks based on chart patterns. This analysis highlights stocks showing strong momentum, though investors should note that technical trends are based on past price action and do not guarantee future performance.
Hitesh Rathi, a technical analyst at Angel One, has highlighted three stocks—Capri Global Capital, Engineers India, and Acme Solar Holdings—as having potential for price breakouts following recent technical signals. Traders often monitor such chart patterns to identify companies exhibiting strong momentum, although these signals are based on historical data rather than immediate fundamental triggers.
Capri Global Capital has drawn attention due to a volume-backed breakout from a two-month consolidation phase. Beyond the technical setup, the company is in focus today, September 4, 2026, as the record date for a final dividend of ₹0.20 per equity share. Financially, the company has demonstrated growth, reporting a 62% year-on-year increase in its consolidated assets under management to ₹40,112 crore for the first quarter of fiscal year 2027. It also recently bolstered its liquidity position by raising $300 million through a US dollar bond issue. While the technical outlook is currently viewed as positive by some analysts, investors should consider the inherent risks associated with non-banking financial companies, such as interest rate fluctuations and evolving regulatory requirements that can impact financial margins.
Engineers India has similarly caught market attention after emerging from a five-month consolidation period, successfully clearing a previous resistance level at ₹265. Analysts observing the stock have noted that multiple technical indicators, including long-term and short-term charts, are aligning to suggest upward momentum. As a player in the engineering and consultancy sector, the company's growth is often tied to the broader industrial infrastructure cycle. Investors tracking this stock may monitor whether it can maintain its current levels during periods of market volatility.
Acme Solar Holdings is currently trading within an established uptrend, with technical analysis indicating a favorable profile on daily charts. The company has been active in expanding its portfolio, having secured a 300 MW capacity win from the Solar Energy Corporation of India and project funding totaling ₹1,571 crore from IIFCL. While the technical momentum appears supportive, the renewable energy sector carries significant execution risks. Large-scale solar projects require precise adherence to construction timelines and integration capabilities. Any potential delays or cost increases in these projects could impact the company's financial position, and investors should weigh these operational factors alongside the technical trends identified by market analysts.