Mumbai's equity desks entered trade on Friday, November 13, 2026, tracking three fresh technical swing trades backed by clear structural chart breakouts. Hitesh Rathi, Technical Analyst (Equity & Derivatives) at Angel One, singled out Brigade Enterprises, Ceat, and Honasa for immediate long positioning.
Each pick combines price discovery patterns with disciplined stop losses. Traders received strict execution bands. Ceat carried the largest absolute upside objective at ₹3,860, while Honasa and Brigade offered tight-risk entry setups following base formation rebounds.
| Stock | Buy Range (₹) | Stop Loss (₹) | Target Range (₹) | Primary Technical Trigger |
|---|---|---|---|---|
| Ceat | 3,551–3,545 | 3,410 | 3,850–3,860 | 20/50 EMA cross, P&F anchor follow-through |
| Honasa | 495–490 | 465 | 555–560 | Daily candlestick range breakout, 0.25% Renko W-pattern |
| Brigade Enterprises | 560–558 | 540 | 585–590 | Donchian channel retest, 100% bullish pole |
Ceat flashed a sharp technical inflection above key moving averages. Rathi set the entry bracket at ₹3,551 to ₹3,545, fixing downside protection with a stop loss at ₹3,410 and targeting a rally toward ₹3,850 to ₹3,860.
Ceat found repeated demand at the ₹3,100 threshold—an established historical floor. On the derivative and technical front, the stock formed a long bullish anchor column on its 0.25% Point & Figure (P&F) chart. Buyers followed through immediately. That follow-through confirms the resumption of an overarching bullish trend. Momentum indicators aligned as well: the 14-day Relative Strength Index (RSI) printed a clean range breakout, while the 20-day Exponential Moving Average (EMA) crossed decisively above the 50-day EMA.
Buyers seized control in Honasa. Rathi advised accumulating within the ₹495 to ₹490 corridor, placing a stop loss at ₹465 for an upside run to ₹555 and ₹560.
The stock engineered a range breakout on daily candlestick charts after securing firm footing near earlier swing lows. On 0.25% Renko charts, the move surfaced as a multi-brick and W-column breakout. Point & Figure tracking delivered a secondary confirmation—a double top buy signal that neutralized a previously entrenched bearish pattern. The 14-day RSI also broke outside its consolidation band, injecting fresh volume velocity into the trade.
Brigade Enterprises entered the radar after testing long-term support lines. Angel One structured the trade between ₹560 and ₹558, establishing a stop loss at ₹540 and a price objective between ₹585 and ₹590.
Downside pressure exhausted. Brigade maintains a firm demand zone within the ₹520 to ₹500 band, where an upward-sloping trendline has repeatedly arrested corrections. A 100% bullish pole emerged directly out of that base, signaling aggressive buying interest at lower price points. On 0.25% Daily Renko charts, the share price cleared the upper band of its Donchian channel and completed a textbook retest from above—confirming a short-term trend reversal.
Market Context: Technical intraday and swing setups rely strictly on trend confirmation across non-time-based charts. With Renko and P&F indicators confirming breakouts simultaneously across consumer, realty, and auto-ancillary names, market participants are watching whether Friday's opening volumes validate these structural targets.