---
title: "Trade Spotlight: How should you trade Adani Enterprises, CRISIL, ICICI Bank, Tata Capital, Delhivery, and others on August 28?"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/297257968.md"
description: "Technical analysts suggest buying Adani Enterprises, CRISIL, ICICI Bank, Bajaj Holdings, Tata Capital, and Delhivery based on bullish breakouts and positive momentum indicators. Despite recent market weakness, these stocks show structural strength with targets ranging from Rs 393 to Rs 13,000 and specific stop-loss levels provided for risk management."
datetime: "2026-08-28T02:50:07.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/297257968.md)
  - [en](https://longbridge.com/en/news/297257968.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/297257968.md)
generator: "portal-rs"
---

# Trade Spotlight: How should you trade Adani Enterprises, CRISIL, ICICI Bank, Tata Capital, Delhivery, and others on August 28?

Equity benchmarks faced selling pressure for another session, with the Nifty 50 declining 0.48 percent on August 27 amid weak market breadth. About 2,055 shares declined, while 1,133 advanced on the NSE. The market is expected to stage a rebound after the recent weakness, but the sustainability of any gains will be key to watch. Here are some short-term trading ideas to consider:

**Hitesh Tailor, Technical Research Analyst at Choice Broking**

**Adani Enterprises | CMP: Rs 3,169**

Adani Enterprises has confirmed a significant multi-year trendline breakout following a sharp recovery from its lower demand zone on the daily chart. The price action is sustaining firmly above its key exponential moving averages, holding well above the long-term 200 EMA to signal a major bullish trend reversal.

Meanwhile, the RSI has surged to 66.61, crossing decisively above its signal line to reflect strong buying momentum and positive sentiment. With the technical setup indicating continued upward strength, maintain a stop-loss at Rs 3,000 for a potential target of Rs 3,500.

Strategy: Buy

Target: Rs 3,500

Stop-Loss: Rs 3,000

**CRISIL | CMP: Rs 4,703.2**

CRISIL is demonstrating strong bullish momentum following a clean consolidation breakout from a double-bottom base on the daily chart. The price action has decisively reclaimed and sustained above its key exponential moving averages, crossing above the long-term 200 EMA and short-term EMA to confirm a structural trend reversal.

Concurrently, the RSI has surged to 67.33, holding firmly above its signal line to reflect robust buying strength and positive momentum expansion. Backed by favourable price action, further upside looks likely.

Strategy: Buy

Target: Rs 5,100

Stop-Loss: Rs 4,450

**ICICI Bank | CMP: Rs 1,443**

ICICI Bank is exhibiting a classic bullish flag and pole continuation pattern on the daily timeframe following a strong multi-week rally. The price action has broken out of the downward-sloping channel and is sustaining comfortably above its key exponential moving averages, holding well above the 200 EMA to reaffirm structural trend strength.

Simultaneously, the RSI(14) has rebounded to 58.58, crossing above its signal line and the 50 mark to reflect strengthening positive momentum.

Strategy: Buy

Target: Rs 1,535

Stop-Loss: Rs 1,400

**Jay Mehta, Technical Research at JM Financial Services**

**Bajaj Holdings and Investment | CMP: Rs 11,399**

Bajaj Holdings has given a breakout above a bullish consolidation pattern on the weekly chart in July month. This week, post-breakout, the stock successfully retested the same breakout zone. It is trading above its 20-week and 50-week EMAs.

The overall structure remains positive with higher lows and higher highs on both daily and weekly timeframes. Volume expansion on the upside supports continued bullish bias. Trend and momentum indicators are aligned with further upside.

Strategy: Buy

Target: Rs 12,315, Rs 13,000

Stop-Loss: Rs 10,786

**Tata Capital | CMP: Rs 376**

Tata Capital is trading in a bullish structure with higher highs and higher lows on both daily and weekly timeframes. Recently, it broke above its previous all-time high, after which it retraced and found support near the 20-day and 50-day EMAs.

It formed a short-term base and has now broken out above this range. Price is trading above all key moving averages. Positive volume traction has been building in recent sessions, supporting continued bullish momentum. Trend and momentum indicators remain supportive of further upside.

Strategy: Buy

Targets: Rs 393, Rs 405

Stop-Loss: Rs360

**Delhivery | CMP: Rs 466**

Delhivery continues to trade in a bullish structure with higher highs and higher lows on higher timeframes. In recent sessions, it underwent a corrective phase and found support near the 200-day EMA. After briefly dipping below the 200-day EMA, it recovered sharply in the following sessions, reclaiming the level with strong positive traction.

Overall structure remains constructive. Price is currently trading above the 200-day EMA as well as short-term moving averages. Strong volume participation in the latest session indicates buying interest emerging from the support zone. Momentum and trend indicators on higher timeframes are bouncing from support, signalling potential bullish continuation.

Strategy: Buy

Target: Rs 493, Rs 524

Stop-Loss: Rs 422

**Disclaimer**

*Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.*

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**