The Nifty 50 benchmark index fell more than 0.5% to trade below 24,050 on Tuesday, pressured by escalating geopolitical tensions in the Middle East.
Despite the broader market retreat, technical analysts are identifying specific equities poised for short-term upside over the next one to two weeks.
Coforge, Sumitomo Chemical, Delhivery, and Max Healthcare are among the stocks drawing bullish attention from market strategists.
Analysts point to favorable chart patterns and supportive technical indicators as reasons to consider these names for short-term trading positions, even as the wider index faces headwinds.
This technical optimism follows recent coverage of Indian equities drawing attention for potential price action.
Kotak Securities analyst Amol Athawale has previously highlighted similar short-term opportunities, citing supportive market conditions for select Indian stocks. The current recommendations extend this theme, suggesting that selective buying interest persists despite macro-level volatility.