Jigar Patel, a strategist at Anand Rathi Wealth, has identified Swiggy and Tata Power as top candidates for short-term accumulation over the coming one to two weeks.
The recommendations are driven by improving technical indicators and bullish momentum signals, according to a report by Livemint.
Patel’s latest picks add to a series of tactical equity calls made by the broker in recent days.
The short-term buy thesis for Swiggy and Tata Power follows Patel’s earlier recommendation of Maruti Suzuki and Tata Steel as attractive accumulation opportunities.
Those prior calls were also grounded in technical analysis, suggesting a broader tactical shift by the broker toward equities showing near-term price strength.
The Nifty 50 index has experienced significant volatility in recent sessions, with the India VIX spiking sharply during the week ended July 10, creating a backdrop of heightened market uncertainty.