Cupid, Ashok Leyland among 6 stocks witness 5-year swing high breakout

In the NSE list of stocks with a market capitalisation above Rs 1,000 crore, six counters witnessed a 5-year swing high at the close on December 30, signalling bullishness, according to technical scan data from StockEdge.

A 5-year swing high marks the highest price a stock has reached over five years and acts as a key resistance level. While such moves are considered bullish, they differ from a 5-year breakout, which requires a decisive move beyond long-standing resistance.

Last 5-Year High: Rs 914.7 | LTP: Rs 1,011.85

Last 5-Year High: Rs 87.72 | LTP: Rs 92.55

Last 5-Year High: Rs 493.25 | LTP: Rs 509

Last 5-Year High: Rs 950 | LTP: Rs 959.55

Last 5-Year High: Rs 314 | LTP: Rs 316.6

Last 5-Year High: Rs 178.30 | LTP: Rs 178.63