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Multi Asset Alpha - Leaders

Week of 10-Aug-2026

Buy — 15 to add

InstrumentSectorTargetTrigger ₹Stop ₹Why
BHARATFORGAutomobile8.0%—2,100Uptrend + Fresh ATH Breakout. Strong Uptrend Seen in Forging Companies. Additional Chart below
RKFORGECapital Goods8.0%—650Strong Breakout from a Rounding Bottom base. Sector Strength in Forging Companies
AEQUSDefence8.0%—220Breakout + Retest + Followthough. Aerospace precesion component making Companies showing strong Relative Strength
GLENMARKPharma8.0%—2,100Glenmark has been Consolidating while the entire pharma Index Moves.It has respected a Rising Trendline. It now Looks ready for a Breakout above 2335 while all Indicators have reset and poised for Bullish momentum
LLOYDSENGGCapital Goods4.0%—90LLoydsEngg after a breakout to ATH has been trading a Very Tight Range for a month. Fridays Breakout from Range came with volumes and a follow through can have further upside. Entire Lloyds Groups has strong charts and shows institutional Activity
LLOYDSENTMetal4.0%—78Same as LloydsEngg, LLoydsent is trading in a tight range and is attempting a breakout to All time Highs levels
OILOil & Gas8.0%—430A simple Higher high structure. A contra play to counterbalance the PF against Crude Volitility
SUMICHEMChemicals8.0%—500Sumichem broke out and Intermediate Resistance with Strong Volumes. Post the Retest we have seen Followthrough on the upside and Higher High Structure Holds Intact. Sector strength in Chemicals is seen
BELRISEAutomobile8.0%—240Belrise is a strong Auto Ancillary Company. With it trading at ATH and AUTOs having the Highest Relative strenght Belrise can continue Momemtum
NATIONALUMMetal4.0%—355Nalco has Broken out of a Double bottom Formation with The Double Bottom formed at a very important Support level. Breakout Indicates that Intermediate Low could be In. With Aluminium Prices in Strength NALCO could tend to make Higher highs
HINDCOPPERMetal4.0%—495HIndcopper broke out with Strong Volumes with Strong momemtum in Copper Prices. Miners are showing Sector strenght
HINDZINCMetal4.0%—566HIndcopper broke out with Strong Volumes. Miners are showing Sector strength
MEESHODigital8.0%—176Meesho has been trading in a tight range near its breakout Zone. Ecom companies and New Age Digital Companies have strong Sector Strenght. A breakout from here could hold
GRASIMInfrastructure8.0%—3,180A strong breakout to ATH after a very good Rectangle Consolidation
CPPLUSInfrastructure8.0%—3,540After a Run Up, CPplus attempted a new breakout marked by and Arrow. From there the downmove could be a liquidity flush. A fresh breakout and Highs from here could sustain.

Sell — 13 to trim

InstrumentSectorTrimWhy
JSWENERGYEnergy12.0%—
GOLDBEESGold10.5%—
JINDALSAWMetal8.4%—
NIFTYBEESBroad Index8.1%—
RELIANCEOil & Gas8.0%—
CDSLCapital Markets7.9%—
HDFCSML250Broad Index6.1%—
SILVERBEESSilver5.1%—
ATHERENERGAutomobile5.0%—
PAYTMFinancial Services4.2%—
RVNLInfrastructure4.1%—
M&MAutomobile4.0%—
JSFBBanking1.3%—

Buy — the case

BuyBHARATFORGBharat Forge LimitedTake to 8.0%
Sector
Automobile
Trigger ₹
—
Stop ₹
2,100

Uptrend + Fresh ATH Breakout. Strong Uptrend Seen in Forging Companies. Additional Chart below

BHARATFORG chart
BuyRKFORGERamkrishna Forgings LimitedTake to 8.0%
Sector
Capital Goods
Trigger ₹
—
Stop ₹
650

Strong Breakout from a Rounding Bottom base. Sector Strength in Forging Companies

RKFORGE chart
BuyAEQUSAequs LimitedTake to 8.0%
Sector
Defence
Trigger ₹
—
Stop ₹
220

Breakout + Retest + Followthough. Aerospace precesion component making Companies showing strong Relative Strength

AEQUS chart
BuyGLENMARKGlenmark Pharmaceuticals LimitedTake to 8.0%
Sector
Pharma
Trigger ₹
—
Stop ₹
2,100

Glenmark has been Consolidating while the entire pharma Index Moves.It has respected a Rising Trendline. It now Looks ready for a Breakout above 2335 while all Indicators have reset and poised for Bullish momentum

GLENMARK chart
BuyLLOYDSENGGLLOYDS ENGINEERING WORKS LIMITEDTake to 4.0%
Sector
Capital Goods
Trigger ₹
—
Stop ₹
90

LLoydsEngg after a breakout to ATH has been trading a Very Tight Range for a month. Fridays Breakout from Range came with volumes and a follow through can have further upside. Entire Lloyds Groups has strong charts and shows institutional Activity

LLOYDSENGG chart
BuyLLOYDSENTLloyds Enterprises LimitedTake to 4.0%
Sector
Metal
Trigger ₹
—
Stop ₹
78

Same as LloydsEngg, LLoydsent is trading in a tight range and is attempting a breakout to All time Highs levels

LLOYDSENT chart
BuyOILOil India LimitedTake to 8.0%
Sector
Oil & Gas
Trigger ₹
—
Stop ₹
430

A simple Higher high structure. A contra play to counterbalance the PF against Crude Volitility

OIL chart
BuySUMICHEMSumitomo Chemical India LimitedTake to 8.0%
Sector
Chemicals
Trigger ₹
—
Stop ₹
500

Sumichem broke out and Intermediate Resistance with Strong Volumes. Post the Retest we have seen Followthrough on the upside and Higher High Structure Holds Intact. Sector strength in Chemicals is seen

SUMICHEM chart
BuyBELRISEBelrise Industries LimitedTake to 8.0%
Sector
Automobile
Trigger ₹
—
Stop ₹
240

Belrise is a strong Auto Ancillary Company. With it trading at ATH and AUTOs having the Highest Relative strenght Belrise can continue Momemtum

BELRISE chart
BuyNATIONALUMNational Aluminium Company LimitedTake to 4.0%
Sector
Metal
Trigger ₹
—
Stop ₹
355

Nalco has Broken out of a Double bottom Formation with The Double Bottom formed at a very important Support level. Breakout Indicates that Intermediate Low could be In. With Aluminium Prices in Strength NALCO could tend to make Higher highs

NATIONALUM chart
BuyHINDCOPPERHindustan Copper LimitedTake to 4.0%
Sector
Metal
Trigger ₹
—
Stop ₹
495

HIndcopper broke out with Strong Volumes with Strong momemtum in Copper Prices. Miners are showing Sector strenght

HINDCOPPER chart
BuyHINDZINCHindustan Zinc LimitedTake to 4.0%
Sector
Metal
Trigger ₹
—
Stop ₹
566

HIndcopper broke out with Strong Volumes. Miners are showing Sector strength

HINDZINC chart
BuyMEESHOMeesho LimitedTake to 8.0%
Sector
Digital
Trigger ₹
—
Stop ₹
176

Meesho has been trading in a tight range near its breakout Zone. Ecom companies and New Age Digital Companies have strong Sector Strenght. A breakout from here could hold

MEESHO chart
BuyGRASIMGrasim Industries LimitedTake to 8.0%
Sector
Infrastructure
Trigger ₹
—
Stop ₹
3,180

A strong breakout to ATH after a very good Rectangle Consolidation

GRASIM chart
BuyCPPLUSAditya Infotech LimitedTake to 8.0%
Sector
Infrastructure
Trigger ₹
—
Stop ₹
3,540

After a Run Up, CPplus attempted a new breakout marked by and Arrow. From there the downmove could be a liquidity flush. A fresh breakout and Highs from here could sustain.

CPPLUS chart

Sell — the case

SellJSWENERGYJSW Energy LimitedTrim 12.0%
Sector
Energy

No written rationale.

SellGOLDBEESNIPPON INDIA ETF GOLD BEESTrim 10.5%
Sector
Gold

No written rationale.

SellJINDALSAWJindal Saw LimitedTrim 8.4%
Sector
Metal

No written rationale.

SellNIFTYBEESNIPPON INDIA ETF NIFTY 50 BEESTrim 8.1%
Sector
Broad Index

No written rationale.

SellRELIANCEReliance Industries LimitedTrim 8.0%
Sector
Oil & Gas

No written rationale.

SellCDSLCentral Depository Services (India) LimitedTrim 7.9%
Sector
Capital Markets

No written rationale.

SellHDFCSML250HDFC NIFTY SMALLCAP 250 ETFTrim 6.1%
Sector
Broad Index

No written rationale.

SellSILVERBEESNIPPON INDIA SILVER ETFTrim 5.1%
Sector
Silver

No written rationale.

SellATHERENERGAther Energy LimitedTrim 5.0%
Sector
Automobile

No written rationale.

SellPAYTMOne 97 Communications LimitedTrim 4.2%
Sector
Financial Services

No written rationale.

SellRVNLRail Vikas Nigam LimitedTrim 4.1%
Sector
Infrastructure

No written rationale.

SellM&MMahindra & Mahindra LimitedTrim 4.0%
Sector
Automobile

No written rationale.

SellJSFBJana Small Finance Bank LimitedTrim 1.3%
Sector
Banking

No written rationale.

Additional weight of evidence

FORGING BASKET

Strong Momemtum seen in Forging Basket and shows clear sector Strenght

FORGING BASKET

Model portfolio after these changes

InstrumentSectorWeight
AEQUSDefence8.0%
BELRISEAutomobile8.0%
BHARATFORGAutomobile8.0%
CPPLUSInfrastructure8.0%
GLENMARKPharma8.0%
GRASIMInfrastructure8.0%
MEESHODigital8.0%
OILOil & Gas8.0%
RKFORGECapital Goods8.0%
SUMICHEMChemicals8.0%
HINDCOPPERMetal4.0%
HINDZINCMetal4.0%
LLOYDSENGGCapital Goods4.0%
LLOYDSENTMetal4.0%
NATIONALUMMetal4.0%
Cash0.0%
Total100.0%
Generated by Atlas · Multi Asset Alpha - Leaders · week of 10-Aug-2026. Weights are model targets, not executed positions.