Share to buy in the short term: Nykaa, Zydus Life, Tanla platforms under 6 shares that suggest experts for the next 2-3 weeks
Shares to buy for the short term: Nifty 50 shares, ending with modest profits for the fourth consecutive session on Monday, September 8, powered by selected car majors, including Tata Motors, Mahindra and Mahindra, and Maruti Suzuki. The index ended at 24,773, 0.13 percent higher, but the formation of a decisive candle on the daily map indicates a lack of clear direction in the market at this time. According to Shrikant Chouhan, head of equity research at Kotak Securities, the market can remain volatile in the short term. A fresh upside is possible only after the intersection of 24,900, within which the index can move to 25,000. Further upside can also continue, which can lift the index to 25,100. The disadvantage is 24,650 and 24,600 the most important support zones for day traders, and if the index drops below 24,600, it can drop to 24,500 or 24,450 in the short term, Chouhan said. For the short term, experts suggest that stocks with favorable fundamental and technical indicators are careful and betting. Vishnu Kant Upadhyay from Master Capital Services and Amruta Shinde of Choice Brokers recommend six shares to buy for the next 2-3 weeks. Check out: Stock selection for the short -term expert: Vishnu Kant Upadhyay, Assistant -Vise -President -Research and Advice at Master Capital Services Zydus Lifesciences | Buy at £ 1,009.65 | Target prices: £ 1,140 and £ 1,180 | Stop loss: £ 950 on daily maps broke Zydus Lifesciences from an inverted head-and-shoulder formation, which emphasizes a bullish turnaround. Price action shows strong follow -up, as the stock has moved above all major moving averages, which reaffirms the trend strength. Rising volumes supported the getaway, confirming the active copper participation. The RSI shows upwards, which indicates the improvement of momentum, while MACD caused a fresh bullish crossover. The overall structure indicates the continuation of the rise with the space for sustained upside. Exide Industries | Buy at £ 427.35 | Target prices: £ 470 and £ 490 | Stop loss: Exide industries of £ 395 performed a strong reversal of the trend after breaking out of a long -term consolidation series on the daily charts. A definite bullish candle, backed by higher volumes, confirms fresh momentum. The price action shows a clear shift to higher highs and higher lows, while the stock again has control over all its most important moving averages, which strengthened the outlook. Momentum indicators add conviction, with RSI trend higher and MACD generating a bullish crossover, indicating a sustained potential in the upcoming sessions. Tanla Platforms | Buy at £ 660.60 | Target Price: £ 750 and £ 780 | Stop loss: £ 620 Tanla platforms performed a bullish reversal with an outline of an inverted head-and-shoulder pattern on the daily map. The stock not only regained all important moving averages, but also drew power from the long-term horizontal support visible on monthly maps. Healthy volumes supported the outbreak and added conviction to the move. Momentum indicators support the trend, with RSI constantly rising and MACD in a bullish crossover. In general, the structure signals indicate renewed power and potential for sustained upside. Expert: Amruta Shinde, research analyst, Choice Broking FSN E-Commerce Ventures (Nykaa) | Buy at £ 247.80 | Target Price: £ 281 | Stop loss: £ 230 Nykaa shows bullish momentum after breaking out of a long -standing soil pattern, indicating a possible turnaround from an important support zone. A definite close above the most important resistance level of £ 250, supported by rising volumes, confirms strong interest and confirms the exposition. This momentum indicates further upside, with an immediate target of £ 281 in the short term. The RSI at 73.43 is upwards, reflecting a strong buying momentum and the strength of the upward trend. In addition, the share trades above its 20-day, 50-day and 200-day EMAs, which highlight the positive sentiment over short, medium and long-term timeframes. “Traders may consider going close to £ 247.28 with a target of £ 281 and a stop loss at £ 230. Support lies at £ 240 in case of minor withdrawals, making the setup favorable,” says Shinde. Aditya Birla Capital | Buy at £ 288.90 | Target Price: £ 340 | Stop Loss: £ 267 Aditya Birla Capital recently broke out from a cup-and-handle pattern on the weekly map, followed by a successful retest, which has a renewed upward momentum. On the daily timeframe, the stock also moved above the most important resistance level of £ 285, forming bullish structures that confirm a strong technical setup. Price action indicates congestion and reduced sales pressure near the break -away zone, which supports the ongoing rise. “A definite near above £ 300, backed by strong volumes, could cause a move to £ 340 in the middle to long term,” Shinde said. The shares trade above its 20, 50, 100 and 200-day EMAs, which underline strength over all timeframes. The RSI at 60.76 is higher, reflecting the strong momentum. “Traders can adopt a buy-on-dips strategy near £ 288.90, with support at £ 275, a stop loss at £ 267, and targets to £ 340,” Shinde said. Lemon Tree Hotels | Buy at £ 177.93 | Target Price: £ 208 | Stop loss: £ 163 Lemon Tree Hotels, After a strong setback from the most important support zone, reflects the renewed power in price action. The share has broken out of a long -standing consolidation phase on the daily map and is now trading at its peak, indicating the potential for a sustained bullish tendency. The getaway, accompanied by rising volumes, highlights strong interest and increasing market participation. “A sustained move above £ 180 can further strengthen the momentum and open the way to £ 208 in the near term,” says Shinde. The RSI is at 70.66 and tends to the top, indicating a strong momentum with the space for extra profits. The stock also trades comfortably above its 20, 50, 100 and 200-day EMAs, which underline strength over all timeframes. “Support is placed on £ 170. Traders can consider long positions near £ 177.93 with a strict stop loss at £ 163,” Shinde said. Read all market -related news here read more stories by Nishant Kumar Disclaimer: This story is for educational purposes only. The views and recommendations expressed are those of individual analysts or brokerage firms, not coin. We advise investors to consult with certified experts before making investment decisions, as market conditions can change quickly and conditions can vary.