Technical Breakout Stocks: How to trade NHPC, NBCC and SJVN on Monday?

Indian market bounced back on Friday after the Interim Budget Day. The S&P BSE Sensex rose more than 400 points, while the Nifty50 closed above 21800 levels. Buying was seen in oil & gas, energy, metal, and public sector stocks, while selling was seen in telecom and banking. Stocks like NHPC, NBCC, and SJVN hit fresh record highs. Analyst Sanket Thakar says NBCC after a multi-year breakout, aims for Fibonacci extension levels. NHPC and SJVN reached all-time highs but may experience a cooling-off period.

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