The Indian stock market will remain closed on the auspicious Ganesh Chaturthi 2025, which falls on Wednesday, August 27. This means that as the country gets abuzz with the celebratory atmosphere of Ganesh Chaturthi, with homes decked out in colourful decorations and the fresh air infused with the scent of Modaks, the financial markets will also adopt a particular, celebratory pace.

According to Pravesh Gour, Senior Technical Analyst at Swastika Investmart Ltd, investors have a fantastic opportunity to "sweeten" their portfolios on this auspicious occasion by investing in three carefully chosen stocks, even though the markets will observe a holiday for Ganesh Pooja 2025. So here are the "Market Laddoos" which have been identified as potential wealth creators by the analyst.
Eicher Motors
The stock has broken out of a Symmetrical Triangle formation on the longer timeframe with strong volumes above ₹5,700. After retesting the breakout zone of ₹5,800-₹5,900, it initiated a fresh rally towards ₹6,800. Recently, it has also given a flag pattern breakout supported by strong volumes.
On the upside, a breakout above ₹6,000 could pave the way for a move towards ₹6,800 in the short term, while ₹5,900 remains a crucial support level on the downside. The overall structure appears promising for long-term investors, as the stock continues to trade above all major moving averages.
Moreover, the MACD reinforces the ongoing bullish momentum, while the RSI remains favorably positioned and further strengthens the positive outlook.
Avenue Supermarts
The stock has given a strong breakout from a long-term symmetrical triangle formation, supported by healthy volumes, which confirms genuine buying interest. After consolidating between ₹3,900 and ₹4,400, the price moved decisively above the upper trend-line and has since sustained well above the breakout zone, indicating strength in the ongoing uptrend.
The stock is trading above all key moving averages (20, 50, 100, and 200 SMA), with the shorter-term averages positioned above the longer-term ones, thereby reinforcing the bullish structure.
MACD (Moving average convergence divergence) is supporting the current strength whereas the momentum indicator RSI (relative strength index) is also positively poised.
On the downside, ₹4,500 acts as immediate support, with a stronger cushion around ₹4,350-₹4,300 near the moving average cluster. On the upside, resistance is placed at ₹5,000, and a sustained move above this zone could pave the way towards ₹5,300-₹5,500 in the medium term.
Overall, the stock remains in a robust uptrend, and any dip towards support levels may be considered a buying opportunity for positional traders as well as long-term investors.
Eternal
The stock has given a flag pattern breakout on the weekly chart and delivered a decisive move above the key resistance zone of ₹305, supported by rising volumes, which signals strong accumulation at lower levels.
Post breakout, it has successfully sustained above this level, turning the resistance into an important support zone. The stock is trading comfortably above all major moving averages (20, 50, 100, and 200 SMA), reflecting a well-established uptrend with a positive price structure.
On the downside, ₹305-₹300 will act as an immediate support zone, while stronger support lies near ₹280, in line with the short-term moving averages. On the upside, the stock could extend its rally towards ₹360-₹380 levels if it continues to hold above ₹305.
Overall, the technical setup indicates a strong breakout with healthy follow-through, and the trend remains positive for both short-term traders and medium-term investors.
Disclaimer
The views and recommendations expressed are solely those of the individual analysts or entities and do not reflect the views of Goodreturns.in or Greynium Information Technologies Private Limited (together referred to as "we"). We do not guarantee, endorse or take responsibility for the accuracy, completeness or reliability of any content, nor do we provide any investment advice or solicit the purchase or sale of securities. All information is provided for informational and educational purposes only and should be independently verified from licensed financial advisors before making any investment decisions.
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