Indian stock market ended the day mixed, but several shares showed clear bullish signs, giving retail investors simple short‑term buying ideas.
Bajaj Auto
The bike maker broke out of a long‑lasting triangle pattern and is now trading well above its key moving averages. Volume spikes confirm the strength.
- Strategy: Buy
- Target: ₹9,690 – ₹9,975
- Stop‑Loss: ₹9,000
NLC India
NLC India formed an inverse head‑and‑shoulders pattern and moved above all major EMAs. A solid base near the 200‑day EMA supports the move.
- Strategy: Buy
- Target: ₹267 – ₹270
- Stop‑Loss: ₹246
Ajanta Pharma
The pharma stock jumped about 6% after its 21‑day moving average crossed above the 50‑day line, signaling stronger momentum. Trading volume also rose sharply.
- Strategy: Buy
- Target: ₹3,150
- Stop‑Loss: ₹2,792
Parag Milk Foods
Parag Milk Foods found support at a rising trendline and the 100‑day EMA, suggesting the recent dip is just a pullback. The RSI is climbing from oversold levels.
- Strategy: Buy
- Target: ₹328
- Stop‑Loss: ₹290
Gujarat Gas
Gujarat Gas bounced back from a low near ₹386 and now sits above ₹415‑₹420. Momentum indicators like RSI and MACD are firmly positive.
- Strategy: Buy
- Target: ₹448
- Stop‑Loss: ₹405
Apex Frozen Foods
The company is holding above a rising trendline and key moving averages. Volume is picking up, and technical tools point to further upside if it stays above ₹282.
- Strategy: Buy
- Target: ₹325
- Stop‑Loss: ₹272
Wipro
Wipro is making higher highs and remains above its short‑term averages. A brief consolidation around ₹265‑₹268 suggests steady momentum, and a break above ₹270 could trigger more gains.
- Strategy: Buy
- Target: ₹282
- Stop‑Loss: ₹258
Remember, this is just my view, not a guarantee. Do your own research before making any trade.