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.
On the broader market outlook, Jatin Gedia of Teji Mandi expects the Nifty to consolidate within 22,500-22,800 band for now.
Calling Molbio a 'high-conviction pick', Jefferies has set a target price of ₹1,600 on the counter, signalling an upside of 27 per cent from its last closing price of ₹1255.60 apiece.
Stocks to buy: JSW Steel's outlook remains constructive, supported by capacity ramp-ups, resilient domestic steel demand and a rising share of value-added products.
Stocks to buy today: 23,000 remains the key support and a critical level for the bulls to defend, said Osho Krishan of Angel One.
Stocks to buy today: On the weekly chart, PGIL has given a breakout from a Pole & Flag pattern, supported by higher trading volumes, indicating strong buying interest.
Nifty's recovery above the 23,200 level provides some near-term relief; however, the broader structure remains weak.
Tata Communications, PVR INOX and Radico Khaitan are showing bullish technical setups, backed by breakouts, support-based reversals and improving momentum indicators.
Gujarat Pipavav Port, Aegis Vopak Terminals and Tata Investment Corporation are showing bullish technical setups, backed by breakouts, improving momentum and strong participation.
The technical outlook remains positive for Paytm, Azad Engineering, and Kotak Mahindra Bank, with all three stocks showing bullish chart structures and potential for further upside.
Stocks to buy today: Kunal Kamble is bullish on three stocks, namely Adani Ports, Pine Labs and Aegis Vopak amid bullish signals on tech charts.
Stock ideas for today: The index could now move towards the next support zone of 23,300-23,100, while any recovery is likely to face resistance around 23,600-23,800.
Stocks to buy today: EMIL and Ingersoll Rand among top stock picks by Vinay Rajani of HDFC Securities.
Till Nifty holds below 23,700, weakness could extend towards 23,500, then 23,400 levels, while on the upside, hurdles can be seen at 23,800, then 23,900 zones.