Market Overview

According to Aakash K Hindocha, Deputy Vice President - WM Research, Nuvama Professional Clients Group, the Nifty closed at a 4-day high, recovering from earlier losses. The Bank Nifty continues to outperform, with positive trends expected towards 56800 / 57100.

Top Stock Recommendations

JINDALSTEL (BUY): Last closing price at 982.85, with a stop loss at 950 and target at 1080. The stock shows a strong breakout from its 1-year trendline.

AJANTPHARM (BUY): Last closing price at 2800, stop loss at 2720, and target at 3080. A breakout from a 10-month falling trendline indicates a promising upside.

GODREJAGRO (BUY): Last closing price at 838.85, stop loss at 810, and target at 925. The stock presents a bullish cup and handle pattern breakout.