Breakout Stocks: How are Nippon Life, HDFC AMC and M&M looking on charts for Monday?

The Indian market continued its upward trend for the third consecutive day, with the S&P BSE Sensex rising over 800 points and the Nifty50 closing just below 19,200 levels. Stocks in the IT, auto, capital goods, and public sector sectors saw significant buying. Nippon Life AMC, HDFC Asset Management Company, and Mahindra & Mahindra were among the stocks that performed well. Technical analysis suggests that Nippon Life may experience further bullish momentum after a price dip, while HDFC AMC and Mahindra & Mahindra have shown positive breakout patterns.