Buy or sell stocks for short-term: Mehta Equities recommends these 3 shares in a volatile stock market
Live MintStock market today: The key domestic indices, Nifty 50 and Sensex, started the day on Tuesday with little change, as the threat of selling persists in the markets, though they are currently in an oversold position. Market Views - Riyank Arora, Technical Analyst, Mehta Equities Ltd Nifty 50 The Nifty 50 index has breached the critical support level of 23,250 and closed below it, indicating a shift in the overall trend to negative. Zomato - Sell Current Market Price : ₹227.15 Stop-Loss : ₹242.50 Target: ₹205.00 Zomato has seen a decisive breakdown below its immediate support level of 239.45 and closed below its 200-period Simple Moving Average, signaling further weakness. Piramal Pharma - Buy Current Market Price : ₹232 Stop-Loss : ₹220 Target: ₹250 Piramal Pharma is showing bullish momentum, supported by strong buying interest around the ₹220 level, which serves as a crucial support zone. Max Healthcare - Sell Current Market Price : ₹1,082.45 Stop-Loss : ₹1,130.00 Target: ₹1,030.00 Max Healthcare has formed a double-top pattern on the daily charts, followed by a decisive breakdown below the critical support level of ₹1,100, signaling bearish sentiment.