Jigar Patel, a strategist at Anand Rathi, has recommended Maruti Suzuki and Tata Steel as short-term buys, alongside a third unnamed equity, for the coming one to two weeks.
The recommendations are based on technical analysis indicating favorable entry points for traders looking to capitalize on near-term momentum.
The advice comes as the Nifty 50 benchmark index closed the week with a gain of nearly 1%, marking its fourth consecutive weekly rise.
The advice comes as the Nifty 50 benchmark index closed the week with a gain of nearly 1%, marking its fourth consecutive weekly rise.
The sustained upward trajectory in Indian equities has created a supportive backdrop for tactical accumulation strategies, with Patel identifying specific technical setups that suggest further upside potential in the auto and steel sectors.
This latest note adds to a series of short-term tactical calls from Anand Rathi’s research team.
Earlier this month, Mehul Kothari, head of equity research at the firm, highlighted Trident Limited, UCO Bank, and MMTC as attractive sub-₹100 buys, reflecting a broader bullish stance on Indian mid-cap and value plays.