Nifty 50 index needs to hold above 24,000 for an up move towards the 24,200 and 24,300 zones, while support can be seen at 23,900 then 23,800 zones.
Breakout stocks: IDFC First Bank and Prestige Estates are up over 50% in FY27. The 'Golden Crossover' suggests that these stocks can potentially rally to record highs, says Jatin Gedia of Teji Mandi.
Stocks to buy: Aakash Shah of Choice Equity Broking recommends buying Shipping Corporation, Titan and Apollo Hospitals for solid returns in the near term.
From a technical perspective, the Nifty 50 witnessed a decisive breakdown, with persistent selling pressure throughout the week dragging the index toward a critical support zone, said Osho Krishnan.
Muthuselvaraj M, technical research analyst, Mirae Asset Sharekhan believes that UltraTech Cement stock can gain in the short- to medium-term as momentum indicators are showing strength on the chart.
Reliance stock has decisively crossed the 20-day EMA, and is seen hovering around the 200-week EMA, highlights Sudeep Shah, technical & derivative analyst at SBI Securities.
Rohan Shah, technical analyst at Asit C. Mehta Investment Interrmediates reckons that share prices of Canara Bank, Bank of India and Union Bank of India can appreciate by up to 16 per cent from here.
Muthuselvaraj M of Mirae Asset Sharekhan expects Kalyan Jewellers, Paytm and Lodha Developers to target ₹665, ₹1,600 and ₹1,375 on the upside owing to bullish formations on the technical charts.
Ajit Mishra of Religare Broking says that Ather Energy and Sun Pharma have a given a upside breakout after a period of consolidation, while ITC seems to be losing momentum on charts.
Technical stock picks: Anand James, Chief Market Strategist at Geojit Investments recommends 'Buy' on Siemens Energy India, EID Parry and Cholamandalam Investment on Tuesday.
Stocks to buy: Here's why Aakash Shah, technical analyst at Choice Broking recommends a 'Buy' on Piramal, Aza Engineering and Himadri Speciality Chemical this week.
Indian healthcare sector remains well positioned for sustained long-term growth, supported by structural demand, expanding hospital infra, higher healthcare spends, and favourable demographic trends.
Analysts at Bajaj Broking highlight two key breakouts on Eternal stock chart; one above the falling trend line and other above the 50-day EMA, for its bullish stance on the stock.
Analysts at Bajaj Broking said the monthly stochastic rebounded from oversold territory and generated a 'Buy' signal, suggesting a likely positive bias going ahead.
Kunal Kamble, technical research analyst at Bonanza decodes technical charts of Ambika Cotton Mills, Ather Industries and Pearl Global Industries to explain why he is bullish on these 3 stocks.
Top monthly stock picks by Motilal Oswal Wealth Management Research Desk: Analysts are bullish on Reliance, Bharat Electronics, ACME Solar, Delhivery, Gokaldas Exports and Lenskart.
Stocks to buy today: Shrikant Chouhan of Kotak Securities has recommended a 'Buy' on Bajaj Finserv with an anticipated fair value of ₹2,430.
Analysts at Bajaj Broking flag that Religare Enterprises has given a breakout on the weekly chart, with the stock price moving above a falling supply zone line.
Stocks to buy: Aakash Shah, technical analyst at Choice Broking reckons that Fine Organic has given a breakout on the weekly chart, and can potentially rally to ₹5,700 levels from here.
Defence stocks to buy: Muthuselvaraj of Mirae Asset Sharekhan explains that Paras Defence is showing an uptrend, trading with higher top, higher bottom pattern after breaking from consolidation zone.