Market Trading Guide: Astra Microwave, Manappuram among 5 stock recommendations for Tuesday
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Indian markets failed to hold early gains on Monday as sentiment weakened.
- ✓Analysts now suggest five stock recommendations for Tuesday, including Astra Microwave, Manappuram, and Laurus Labs.
- ✓Sachin Gupta said, "Manappuram is staging a technical rebound off its long-term base." These stocks show renewed momentum despite ongoing global economic uncertainties.
Story at a Glance
- Category
- MARKET
- Reported By
- The Economic Times
- Reading Speed
- 2 Minute(s)
- Market Focus
- India Economy
Indian markets failed to hold early gains on Monday as sentiment weakened amid a rise in the 10-year bond yield to a three-year high and continued FII outflows driven by external uncertainties. Going forward, analysts say the Middle East remains a key overhang, with continued Houthi attacks on Saudi and regional energy infrastructure keeping concerns over potential supply disruptions and elevated crude oil prices alive.
Here are 5 stock recommendations for Tuesday
Astra Microwave is attempting a breakout from a downward-sloping channel pattern on the daily chart, currently trading at Rs 1,690 after consolidating and defending its base along the 1,600–1,630 zone. The 14-period RSI has crossed back into positive territory at 53.56, indicating steadying momentum and renewed buying interest off the channel lows.
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The Economic Times
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