Monthly Breakout Stocks for January 2026 | Live By CA Rachana Ranade

"This touched a high in January 2024. The high was of 912 rupees and from that 912 rupees it actually corrected quite a bit and quite a bit is how much almost 25% correction and from there it has shown a rebound. Now the question is that has this stock given a breakout or not? Has it closed above this level of 912?"

"from this level around 50 it it went up to almost 274. So that's like a almost 5x return. But after that the stock corrected quite a bit almost 50 plus percent and if you see here this was the high roughly 275 from this high almost a 50% return 50% downfall again up to this level again retested to this level similar and finally it gave a breakout here in the month of February 24 from here February 24 it gave a oneway rally till this a 35% rally okay this was the high that the stock made. After this high, the stock again went to a correction of almost 37%. And after which now we have to check whether the stock has broken out or not from this previous all-time high on a monthly basis. So the previous all-time high on a monthly basis is 375."

"this was the previous high and I would want to draw a line here instead of this line and yes it's a breakout but uh if you check this is like a pretty much longer term frame uh the latest handle again you can see is of September so what you have to do is now anyways it's a breakout because this is a this is the August month candle it's a breakout this is September so this is a confirmation candle also correct now you have to tell me whether it is retesting or is it just going up"

"And this was the high point that we saw in September 24. After September 24, we saw a big correction of 46%. After which the stock started to rebound and what you have to check again is is there a breakout or is it still at resistance?"

"this stock has been in a consolidation for quite some time now. This was the high that it made almost 3,900 back in January 2024. uh a slight pullback again try to test this a slight pullback again the line that I've connected is September 24 again a pretty big pullback from here from September 24 which was the market high from there we saw almost a 25% correction almost from there again trying to reach this again but this is the last candle is of September 25"

"this was the high then a low a lower high. A lower low. A lower high. A lower low. A lower high. A higher low. Higher low. Okay. Now what is important from here? What has happened actually is important. Is it still at the resistance or has it broken out?"

"this is what weekly chart August 2024 from here we saw a correction and the correction was of almost 30% almost 27% from here we saw an up move again back to this point September 2025 September end candle. So this is like a U. Now the question is was it just a U or is this like a cup and a handle has followed?"

"MCX is is definitely a fundamentally strong stock. Uh if you are uh if you are a pro investor member, please check out the video on MCX. Uh we have explained that stock in absolute detail. We have explained the business model. Uh we have explained the business strategy that MCX used. uh what I remember is specifically the gold petal strategy or the gold mini strategy that they had used that definitely helped them to increase volume uh in their overall I mean as an exchange turnover it it definitely helped them out so"

"Now if you see here this is September 2024. From here we saw a big correction. This must be around 30% at least 27 correct. So uh almost 27 30% correction again went up till here. question is whether it has again come up till here or not and what what next? Okay. that that is what you can check out. Uh cup and handle yes or no if you can tell me the cup starting point should be taken as September 2024"

"See January typically has not been seen as a month where we see a crazy upward movement at least not for the last 5 years. If I were to talk about January 2025, it gave a negative return of 0.5%. ... If I were to understand about the previous year January 2024, it gave a 0.03% negative return. ... January 2022 again barely I mean absolutely fat 0.08% negative return and if I were to check January 2023 and January 2021 these were negative movements of roughly 2 and a half%."