India’s benchmark index Nifty 50 ended lower for a second straight session amid profit-booking and mixed global cues, with major banking stocks such as HDFC Bank and ICICI Bank dragging the market. Analysts suggest the weakness opens up tactical buying opportunities for the short term.
Two stocks have been flagged for Monday trading with defined stop-losses and upside targets:
- Raghav Productivity Enhancers: Buy at Rs. 781.65, target Rs. 870 (≈ 11% upside), stop-loss at Rs. 710.
- Choice International: Buy at Rs. 836.60, target Rs. 905 (≈ 8% upside), stop-loss at Rs. 802.
The technical setup highlights a market in consolidation mode, offering stock-specific opportunities rather than broad-based rally prospects. Traders are advised to treat these as short-term plays with strict risk management.
While the broader market may remain under pressure in the near term, selective strength in stocks with favourable technicals and clear stop-losses could offer tactical entry points.
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