Market Trading Guide: Buy Bajaj Consumer, Delhivery, 3 more stocks on Tuesday for up to 10% potential upside
Nifty ended with robust gains on Monday following the sharp budget-day debacle. While most sectors participated in the recovery, auto, energy and metals took the lead.Commenting on the current trends, Rupak De, Senior Technical Analyst at LKP Securities said that Nifty's rebound was a normal reaction after a sharp fall and broader trend remains weak. "As long as the index stays below the 200-DMA, sentiment is likely to remain negative, and any bounce should be used to exit leveraged long positions or to create short positions. On the upside, immediate resistance is placed at 25,200, while on the downside, support is seen around 24,900," De said.Stock markets will open on Sunday, February 1 because of the Union Budget 2026.Here are 5 stock recommendations for Tuesday: Stock Ideas
Nifty ended with robust gains on Monday following the sharp budget-day debacle. While most sectors participated in the recovery, auto, energy and metals took the lead.Commenting on the current trends, Rupak De, Senior Technical Analyst at LKP Securities said that Nifty's rebound was a normal reaction after a sharp fall and broader trend remains weak. "As long as the index stays below the 200-DMA, sentiment is likely to remain negative, and any bounce should be used to exit leveraged long positions or to create short positions. On the upside, immediate resistance is placed at 25,200, while on the downside, support is seen around 24,900," De said.Stock markets will open on Sunday, February 1 because of the Union Budget 2026.Here are 5 stock recommendations for Tuesday: Stock Ideas
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