The Indian market closed flat on Tuesday with a positive bias, as the Nifty50 closed just below the 19,400 level. The telecom, utilities, power, and capital goods sectors witnessed buying interest, while banks and IT stocks were sold off.

Three stocks gained attention during the session. The New India Assurance Company rose over 5%, General Insurance Corporation gained nearly 6% to reach a fresh 52-week high, and Welspun India was up over 6%. These stocks either hit a fresh 52-week high or saw a volume or price breakout.

Analyst Sanket Thakar provided insights on these stocks for the next trading day:

1. The New India Assurance (NIACL) witnessed a breakout from a Trendline in December 2022 with large volumes, indicating a strong trend reversal on the upside. After a small throwback due to the 200-week SMA resistance, the stock is now gaining volume with an increase in price. It is now breaking the 200 SMA resistance, and the upside resistance is directly at 160 with support levels at 105.

2. General Insurance Corporation Of India (GICRE) experienced multiple resistance breakouts, leading it to move straight to its 52-week high regime, displaying a very bullish sentiment. GICRE is expected to reach its upside resistance levels of Rs 244 and Rs 272, with support levels remaining at 178 to 170.

3. Welspun India witnessed a Flag pattern breakout and is continuing in the same upward direction. It has a resistance of open gap at Rs 135 and a flag pattern target at Rs 145. The trend is on the upside, with a support level at Rs 100.

The analyst provided a disclaimer that these observations are for educational purposes only and not financial advice. Investors should consult their financial advisors before making any investment decisions.

Overall, the Indian market showed mixed sentiments, with certain sectors performing well and specific stocks witnessing breakouts and hitting fresh highs.