Anand James of Geojit Investments has recommended three stocks that show technical recovery signs: Jindal Saw, JK Tyre, and Titagarh Rail Systems
Stocks to buy today: Shrikant Chouhan of Kotak Neo has shared a bullish view on two healthcare stocks: Mankind Pharma and Dr Lal Pathlabs.
Hitesh Rathi of Angel One has said that unless Nifty delivers a convincing breakout above the 23,150-23,200 band, caution remains warranted.
Sachin Gupta of Choice Equity Broking has recommended 3 stocks that could rally in the near term -- Coforge, ICICI Bank, and KPR Mill.
Ajit Mishra says that Nifty's inability to sustain above the 20-DEMA, keeps the near-term outlook cautious. Flags higher-high, higher-low pattern on Bharti Airtel for his positive stance.
Stocks Ideas: Chennai Petro is showing signs of recovery after recent volatility, with the share price sustaining above its 50-EMA, says Sachin Gupta of Choice Broking.
The daily momentum indicator has a positive crossover; however, failure to hold the crucial support zone of 22850-22820 is a concern.
Stocks to buy today: The 22,200-22,400 zone is the next key support area, while the 23,000-23,300 zone is likely to cap the upside during any recovery.
Stocks to buy today: In terms of levels, the 23250-23300 band is an immediate hurdle, followed by a stronger resistance at the 23450-23500 zone.
Stocks to buy today: Sachin Gupta, VP - research , Choice Equity Broking, recommends three stocks to buy today, namely Groww, HCL Tech and Nazara Technologies.
Stocks to buy today: Kunal Kamble, senior technical research analyst at Bonanza, has recommended three stocks: Jindal Saw, BHEL and Allied Blenders and Distillers.
Ajit Mishra of Religare Broking has reiterated a cautious stance on Nifty, with 22,850, coinciding with the 20-DEMA, acting as the immediate hurdle. He has recommended HAL, IndiGo and BHEL for trade.
Nifty outlook today: Jatin Gedia of Teji Mandi Investment said that if the Nifty surpasses the immediate hurdle at 22,800, it could trigger a short-covering rally towards 23,000-23,150.
Chandan Taparia has said Nifty has given an inside bar breakout in the previous session, indicating a strong recovery. If Nifty holds above 22,700, it may bounce towards 22,850 and then 23,000 levels.
Stocks to buy: Anand James of Geojit Investments Ltd has recommended three stocks to buy today - Happiest Minds, IMFA, and Brigade Enterprises.
Stocks to buy today: Kotak Neo's Shrikant Chouhan has shared a bullish view on Bharat Electronics Limited and Greenply Industries Limited.
Choice Broking analyst Sachin Gupta has recommended three stocks to buy today in cash: Glenmark Pharma, Go Digit and Karur Vysya Bank.
From a technical perspective, the 22,200-22,000 zone emerges as a crucial support threshold, and any decisive breach below this range could weaken the near-term market structure further.
Nifty fell 0.76 per cent as RBI's rate hike, higher inflation outlook and global macro risks weighed on sentiment.
GEC-III strengthens the visibility of India's long-duration transmission and storage investment cycle, Motilal Oswal Wealth noted.