Despite Nifty posting a mild decline last week, market experts forecast selective opportunities in the current trading window. Five stocks—including Eternal, Paytm, and Bandhan Bank—are poised for notable short-term gains, according to technical indicators and trend breakouts.
As the broader Indian equity market begins the week on a subdued note, a handful of stocks are attracting investor attention due to strong technical setups and renewed momentum. These opportunities appear favorable for traders seeking tactical entries amid volatile conditions.
- Eternal:
Eternal, a standout performer from the previous week, gained 21% and hit an all-time high of ₹314.45. With a confirmed breakout, the stock shows potential for another 13% rise. Analysts recommend buying in the ₹295–₹300 range with a stop loss at ₹270 and a target of ₹350.
- One 97 Communications (Paytm):
Paytm, operated by One 97 Communications Ltd, recorded a 6.6% gain over the last week. With positive momentum in place, the stock is expected to move towards a target of ₹1,180. Ideal entry is suggested between ₹1,030–₹1,040 with a stop loss at ₹975, offering a potential upside of 10%.
Also Read: Blinkit-Fueled Glory: Eternal’s Soaring Ambition Captures India
- SBI Life Insurance:
SBI Life Insurance Company registered a 2.4% weekly gain and remains on an upward trajectory. Analysts see an additional 4% upside, advising entry around ₹1,790–₹1,800 levels with a stop loss of ₹1,744 and a price target of ₹1,880.
- Bandhan Bank:
Kolkata-based Bandhan Bank has broken past a medium-term downward sloping trendline, active since May 2022. This technical breakout, backed by a strong bullish candle, suggests a medium-term rally. Recommended buy range is ₹178–₹182 with a stop loss at ₹173, and a price target of ₹195–₹200, implying an upside of 8%–11%.
Also Read: Paytm Stock Surges After GHMC Partnership for Tax Collection
- AGI Infra Ltd:
Ludhiana-headquartered AGI Infra, a real estate development firm, is rated a strong ‘Buy’ by both Nuvama and Axis Securities. With a sizable and strategically located land bank, AGI is positioned to benefit from rising housing demand in Punjab. Nuvama has placed a target price of ₹1,448, while Axis forecasts a near-term rise to ₹1,129–₹1,160, representing a potential 9% upside.
Overall, while broader indices may remain under pressure, these five counters provide tactical investment opportunities for short-term traders and position builders alike.
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