Equity benchmarks extended their slide for the third consecutive session on November 25, slipping nearly 0.30%, though market breadth showed slight improvement with 1,469 advancing stocks vs. 1,375 declining stocks on the NSE. Analysts expect the market to remain rangebound unless indices break above last week’s high.
Here are key short-term trading ideas and levels to track on November 26:
IDFC First Bank | CMP: ₹79.35
After declining from higher levels, the stock has rebounded sharply and broken above its sloping trendline on daily charts, signalling renewed bullish momentum.
Trend level: ₹76 remains the key support. Sustaining above this may drive a move toward ₹85.
Strategy: Buy | Target: ₹85 | Stop-Loss: ₹76
Shriram Finance | CMP: ₹838.25
Following a strong rally and brief consolidation, the stock is showing a bullish continuation pattern.
A close above ₹805 could open the door for ₹900 in the near term. Below ₹805, long positions may lose strength.
Strategy: Buy | Target: ₹900 | Stop-Loss: ₹805
Star Health & Allied Insurance | CMP: ₹496.25
The stock has rebounded gradually and is now consolidating near a breakout zone.
As long as the stock stays above ₹475, the trend remains positive with room toward ₹530.
Strategy: Buy | Target: ₹530 | Stop-Loss: ₹475
NBCC India | CMP: ₹117.59
NBCC has broken above its earlier swing-high resistance and trades above all major moving averages, indicating strength across time frames.
Strategy: Buy | Target: ₹125 | Stop-Loss: ₹112
IDBI Bank | CMP: ₹101.20
The stock has broken above a downward trendline on weekly charts. With the PSU banking index outperforming in recent months, momentum remains strong.
Strategy: Buy | Target: ₹114 | Stop-Loss: ₹95.5
Nippon India ETF Nifty PSU Bank BeES | CMP: ₹94.71
The ETF mirrors the bullish structure of PSU banks, forming higher tops and bottoms across daily and weekly charts.
Strategy: Buy | Target: ₹100 | Stop-Loss: ₹91.5
Aditya Birla Capital | CMP: ₹345.45
The stock has broken out of a week-long consolidation zone and above the previous swing high, supported by strong volumes.
Since the recent rise was steep, analysts advise buying on dips, not chasing highs.
Strategy: Buy | Targets: ₹355 / ₹365 | Stop-Loss: ₹330
AU Small Finance Bank | CMP: ₹944.05
Despite weakness in Bank Nifty, the stock hit a fresh all-time high and reflects strong buying interest.
RSI indicates a possible short-term cooldown, making dips a buying opportunity.
Strategy: Buy | Targets: ₹970 / ₹1,000 | Stop-Loss: ₹905
Jubilant Ingrevia | CMP: ₹725
The stock continues to outperform after confirming an Inverted Head & Shoulders breakout.
A move above ₹727 can trigger the next rally toward ₹770, followed by ₹800.
Strategy: Buy | Targets: ₹770 / ₹800 | Stop-Loss: ₹699
Disclaimer: The trading recommendations above are based on analysts’ views and not those of this news platform. Investors must consult certified financial experts before making any investment decisions.