Trading Guide: 2 stock ideas for upcoming session

Nifty24, 219.05-32.96. Motilal Oswal Midcap Fund Direct-Growth.

Key points

• Top Trending Stocks: SBI Share Cost, Axis Bank Share Rate, HDFC Bank Share Cost, Infosys Share Rate, Wipro Share Cost, NTPC Share Rate.
• Understanding business to figure out the mystery: Power Grid Corp – Part 1.
• Tracking subdued Asian markets, Indian equities drifted lower through the day, with substantial caps underperforming broader markets.
• While positive rate action supports further upside, RSI near 69 indicates solid momentum.
• While the breakout structure supports continuation towards higher levels, RSI near 64 reflects positive momentum.

Nifty24, 219.05-32.96. Motilal Oswal Midcap Fund Direct-Growth. The Economic Times daily newspaper is available online now. Market Trading Guide: Siemens among 2 stock recommendations for Tuesday. ETMarkets.comLast Updated: Aug 24, 2026, 09: 19: 00 PM IST.

Indian equities remained subdued against the backdrop of soft Asian markets, with sizeable caps and PSU banks under pressure as bond yields rose. Metals outperformed. Analysts recommended Siemens and Engineers India, citing solid breakouts, positive momentum and potential upside despite geopolitical risks.

Tracking subdued Asian markets, Indian equities drifted lower through the day, with substantial caps underperforming broader markets. While banking stocks came under pressure, with PSU banks trailing their private-sector counterparts against the backdrop of mark-to-market losses driven by the rise in sovereign bond yields, sectorally, metals outperformed on firm commodity rates. Analysts remarked caution dominated market sentiment as investors are awaiting fresh sanctions from the US on Iran afterwards today. Brent crude eased on profit-taking but remained above the $90 per bbl mark, backed by worries over tighter Iranian oil supplies and ongoing tensions around the Strait of Hormuz.

Here are two stock recommendations for Tuesday Siemens – Purchase Buying Zone: 4115 Stop-loss: Rs 3865 Target: Rs 4500 The stock has given a robust breakout from the Rs 3, 900-4, 000 consolidation zone with supportive volume and is trading above all major EMAs. While positive rate action supports further upside, RSI near 69 indicates solid momentum. Live Events.

Virat Jagad, Sr Technical Research Analyst, at Bonanza Portfolio Engineers India – Purchase Buying Zone: 255 Stop-loss: Rs 235 Target: Rs 300 The stock has broken out above the Rs 248-250 resistance zone with robust volume and is trading above all major EMAs. While the breakout structure supports continuation towards higher levels, RSI near 64 reflects positive momentum. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times).

Indian stock marketstock recommendationsSiemens sharesEngineers India sharesPSU banksmetals stockssovereign bond yieldsBrent crudeIran sanctionstechnical analysis.

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Taken together, the developments around trading Guide: 2 stock ideas for upcoming session point to a situation that is still moving, and the coming days should bring more clarity.