Checkpoint Trends Ltd Gains 0.64%: 5 Key Factors Driving the Week’s Momentum

Monday, 05 January: Breakout to New 52-Week and All-Time High

Checkpoint Trends Ltd surged to Rs.132.15 on 05 Jan 2026, marking a new 52-week and all-time high. The stock opened with a gap up of 4.96% and closed with a gain of 4.92%, reflecting robust buying interest. This move extended a six-day winning streak, with a cumulative return of 33.83% over that period. The stock outperformed its Pharmaceuticals & Biotechnology sector peers by 4.95% and traded comfortably above all major moving averages, signalling strong technical momentum. Meanwhile, the Sensex declined marginally by 0.18%, underscoring the stock’s relative strength in a subdued market.

Tuesday, 06 January: Momentum Continues with Fresh Record High

Checkpoint Trends Ltd continued its rally on 06 Jan 2026, hitting a new all-time high of Rs.138.75. The stock gained 4.99% intraday and closed up 4.96%, outperforming the sector by 4.55%. This marked the seventh consecutive day of gains, with a remarkable 40.51% return over this period. Despite the Sensex slipping 0.19%, the stock’s technical indicators remained bullish, trading above all key moving averages. The sustained momentum highlighted strong investor confidence and reinforced the stock’s leadership within its sector.

Wednesday, 07 January: Peak at Rs.144.4 Before Profit Taking

On 07 Jan 2026, Checkpoint Trends Ltd reached its highest level of the week at Rs.144.4, setting another 52-week and all-time high. The stock opened with a 2.02% gap up and closed with a 1.48% gain, outperforming the sector by 2.31%. This marked eight consecutive days of gains, delivering a total return of 43.81%. The Sensex declined by 0.52%, further emphasising the stock’s resilience. Technical strength was confirmed by the stock’s position above all major moving averages. However, the intraday range from Rs.131.85 to Rs.144.4 suggested some volatility and profit-taking interest.

Thursday, 08 January: Price Retreat on Thin Volumes

The stock corrected on 08 Jan 2026, closing at Rs.129.25, down 1.97%. This decline followed the strong rally earlier in the week and occurred on very low volume of 920 shares, indicating limited trading interest. The broader market was weak, with the Sensex falling sharply by 1.41%. The stock’s retreat below Rs.130 suggested some profit booking, though it remained above key moving averages, maintaining a positive technical outlook.

Friday, 09 January: Continued Weakness Amid Market Downturn

Checkpoint Trends Ltd ended the week at Rs.126.70, down another 1.97% on very low volume of 648 shares. The Sensex declined by 0.89%, continuing the negative trend from the previous day. The stock’s weekly gain was a modest 0.64%, reflecting the strong gains earlier in the week offset by the recent pullback. Despite the correction, the stock’s year-on-year performance remains exceptional, with returns exceeding 900% and a Mojo Grade of Hold, upgraded from Sell in September 2025.

Key Takeaways from the Week

Strong Early-Week Momentum: The stock’s rally to new 52-week and all-time highs on 05, 06, and 07 January demonstrated robust investor interest and technical strength, with gains exceeding 40% over eight trading days.

Outperformance vs Sensex: While the Sensex declined by 2.62% over the week, Checkpoint Trends Ltd managed a modest gain of 0.64%, highlighting its relative resilience amid broader market weakness.

Technical Indicators Remain Bullish: The stock consistently traded above all major moving averages, signalling sustained buying pressure despite the late-week correction.

Volume Decline and Profit Booking: The sharp drop in volumes on 08 and 09 January accompanied a price correction, suggesting profit-taking after a strong rally.

Improved Quality Metrics: The Mojo Grade upgrade from Sell to Hold in September 2025 and a Mojo Score of 54.0 reflect improving fundamentals and market perception.

Conclusion: A Week of Milestones and Consolidation

Checkpoint Trends Ltd’s week was characterised by a powerful rally early on, reaching new 52-week and all-time highs that underscored its strong market position and technical momentum. Despite a subsequent correction amid low volumes and a weakening Sensex, the stock managed to close the week with a positive return, significantly outperforming the broader market. The company’s upgraded Mojo Grade and consistent trading above key moving averages provide a solid foundation for its valuation. Investors should note the recent profit booking but also recognise the stock’s resilience and exceptional long-term performance within the Pharmaceuticals & Biotechnology sector.

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