SPARC appears well-positioned for a short-term recovery after finding support near the 61.8% Fibonacci retracement level of the March low to July high rally.
From a financial perspective, GAVL's ROCE improved to 20 per cent in FY26 from 16 per cent, supported by better working-capital management.
Stocks to buy today: ACME Solar is maintaining a strong bullish structure on the daily chart, with the stock consistently forming Higher Highs and Higher Lows, indicating sustained upward momentum.
The emerging technical structure highlights the need to exercise caution and warrants a clear strategy to avoid venturing into aggressive long trades.
Technical analysts Drumil Vithlani and Ved Anil Gawker flag breakout from consolidation chart patterns on Motilal OFS, CRISIL, City Union Bank and Supreme Petrochem.
Technical analysts flag presence of multiple hurdles in the 24,000-24,200 region for the Nifty; on the downside, they expect immediate support at 23,800.
Muthuselvaraj M of Mirae Asset Sharekhan expects the short-term bias to remain sideways but sees positive prospects for Bank of India, UCO Bank and IOB among others from a medium-term perspective.
Religare Broking's Ajit Mishra said that the sharp decline has pushed Nifty closer to our initial downside target and support of 23,800. A break below this could extend the correction towards 23,600.
Kunal Kamble of Bonanza has recommended three breakout stocks to buy today -- BEML Ltd, Raymond Ltd, and IFCI Ltd.
Jatin Gedia of Teji Mandi has said that he sees range-bound price action between 23,800 and 24,100 in Nifty from a short-term perspective.
Amit Trivedi, technical and derivative research analyst at YES Securities flags key levels to track on MCX India, Ather Energy and Welspun Corp; these stocks rallied up to 39% in August.
Market analysts expect volatility to rise on either side of the market in September based on the F&O and historical market data.
Chandan Taparia says that if Nifty crosses 24,100, we could see the index moving towards 24,200-24300. He has recommended buying Persistent Systems, Eternal, & Bajaj Auto shares for the short term
Vinay Rajani of HDFC Securities has recommended buying two stocks today -- KSB Ltd and Stove Kraft
Stocks to buy today: Anand James of Geojit Investments has shared a bullish outlook on three stocks: Jubilant Ingrevia, ASK Automotive, and KPR Mill.
HDFC Bank stock is testing its 100-month moving average - an eight-year mean - for the first time in its 30-year history; the ₹700-mark is key support to watch, says technical analyst, Drumil Vithlani
Stocks to buy today: Sachin Gupta of Choice Equity Broking has recommended three stocks to buy today - Jindal SAW, Electrosteel Castings, Adani Enterprises.
Angel One analyst Osho Krishan recommends two stocks to buy today for the short term: BEML and BSE.
Amol Athawale of Kotak Securities flagged 'Ascending Triangle' and 'Symmetrical Triangle' breakouts on Meesho and PolicyBazaar weekly charts.
Shah's derivative strategies point to downside risk, with the Nifty bear put spread offering a maximum profit of ₹10,270, while the Bandhan Bank spread offers ₹10,620 profit.