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Stocks to buy for short term: Experts recommend these six technical picks in a range-bound Indian stock market

Stocks to buy for the short term: The Indian stock market benchmark Nifty 50 slipped by about 0.40% in intraday trade on Tuesday, January 6, looking set to extend losses for the second consecutive session. The index fell 0.30% in the previous session on profit booking after hitting a record high of 26,340 on January 2. The market is struggling to extend gains due to caution ahead of the start of the Q3FY26 earnings season.

Stocks to buy for short term: Experts recommend these six technical picks in a range-bound Indian stock market

Credit: Livemint

Key Highlights

  • Moreover, there are no positive developments on the India-US trade deal front.
  • Escalating geopolitical tensions, on the other hand, further weigh on cautious market sentiment.
  • Experts say investors should focus on picking stocks with favourable technical indicators for the short term.
  • Vishnu Kant Upadhyay of Master Capital Services and Aakash Shah of Choice Equity Broking recommend the following six stocks to buy for the next 1-2 weeks: Upadhyay highlighted that PG Electroplast (PGEL) has respected its bullish trendline support and delivered a decisive breakout from an ascending triangle, confirmed by a strong bullish candle, signalling improving upside momentum.
  • The bullish crossover of the 21-EMA above the 55-EMA reinforces the positive trend structure.
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Sources

  1. Stocks to buy for short term: Experts recommend these six technical picks in a range-bound Indian stock market

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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