Market Watch: Trading Strategies for Granules, Tata Motors, CG Power, Cummins India, Hindalco, and Other Stocks on May 21

Market Recovers, Eyes on Sustainability of Gains

The Indian equity market recouped its opening losses and closed higher by nearly 0.2 percent on May 20. Market breadth slightly favored the bulls, with 1,497 shares advancing against 1,432 declining shares on the National Stock Exchange (NSE). Despite the positive close, the sustainability of gains will be a key factor to watch in the upcoming session.

Short-term Trading Ideas

Below are some short-term trading ideas to consider:

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Granules India

Granules India has given a consolidation breakout on the daily chart, indicating renewed buying interest after a phase of sideways movement. The breakout suggests that the stock may be preparing for the next leg of the uptrend. The price has been sustaining above critical moving averages, reflecting underlying strength in the trend structure.

Tata Motors Passenger Vehicles

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Tata Motors Passenger Vehicles has recently reclaimed its 20-EMA on the daily timeframe, reflecting underlying buying interest. On the daily chart, the RSI has moved into a bullish crossover, indicating strengthening momentum. As long as the stock sustains above key support levels, the bias is likely to remain positive, with potential upside towards Rs 385 in the near term.

Latent View Analytics

Latent View Analytics has given a consolidation breakout on the daily chart, indicating renewed buying interest after a phase of sideways movement. Besides, the price has been sustaining above critical moving averages for the last four days, reflecting underlying strength in the trend structure.

CG Power and Industrial Solutions

CG Power and Industrial Solutions witnessed a strong rebound from its 20-day EMA, signaling sustained buying interest at lower levels. The stock also managed to close above the highs of the previous three sessions, reinforcing the positive price structure.

Cummins India

Cummins India has witnessed a strong rebound from its 20-day EMA on the daily chart, reaffirming the importance of this support zone. Currently, the stock is on the verge of giving a consolidation breakout on the daily scale.

Hindalco Industries

Hindalco Industries has staged a strong rebound from its 20-day EMA, a level that has consistently attracted buying interest. Notably, the same support zone triggered an impressive 8 percent rally in four trading sessions earlier this month, highlighting the stock’s strong upward bias.

Samvardhana Motherson International

Samvardhana Motherson International has confirmed an ascending triangle breakout on the daily chart, a classic bullish continuation pattern that signals the continuation of the previous trend after a phase of range-bound trading.

Insecticides India

Insecticides India has broken out of a rectangle range-bound chart pattern after a sharp rise from March 26 on the daily chart, which suggests that the stock may continue its previous uptrend.

Onesource Specialty Pharma

Onesource Specialty Pharma has rallied 75 percent after making a low of Rs 1,057 in January 2026 and is now trading in a higher high-higher low formation with increasing volumes.