Domestic market endured a choppy session on expiry day amid weak Asian cues, as investor focus remained closely tethered to the volatility in crude prices. Although the strong August equity fund flow data and the moderation in the SIP stoppage ratio lent support to the markets, sentiment was tempered by the depreciating rupee and firming domestic bond yields.Here are three stock recommendations for Friday
Buying Zone: 1418-1425 | Stop-loss: Rs 1340 | Target: Rs 1580Finolex Cables has delivered a strong daily breakout above its resistance zone near 1,3601,370, closing at 1,418.40 (+4.80%). Supported by price holding comfortably above its key exponential moving averages, an influx of positive volume, and an RSI advancing toward 68 into strong bullish territory, the chart setup confirms sustained upside momentum.Virat Jagad, Sr Technical Research Analyst, at Bonanza Portfolio
Buying Zone: 317.5-319 | Stop-loss: Rs 303 | Target: Rs 345Jindal Saw has printed a strong bullish daily breakout bar, pushing past prior resistance near 315 to reach 317.50 (+1.86%). Guided closely by its short-term exponential moving averages and supported by an RSI expanding above 70 into bullish territory, the chart setup confirms sustained upward momentum for immediate continuation. Virat Jagad, Sr Technical Research Analyst, at Bonanza Portfolio