The Indian stock market experienced broad-based weakness on Monday as sentiment remained weak ahead of fresh US sanctions on Iran. According to TradingView News, stock market benchmarks ended in the red as oil prices, despite some easing, stayed above $92 per barrel, weighing on market sentiment. The US has increased economic pressure on Iran and its trading partners in a bid to force the resumption of energy flows through the Strait of Hormuz. Despite the challenging environment, market experts are identifying opportunities with Vishnu Kant Upadhyay of Master Capital Services and Hitesh Tailor of Choice Broking recommending six stocks for the next 1-2 weeks.
According to Vishnu Kant Upadhyay of Master Capital Services, near-term volatility may remain elevated, but sustained support above the trendline and 55-day EMA would keep the underlying trend intact. As reported by TradingView News, the index continues to trade above its ascending trendline and has taken support from its 55-day EMA, keeping the broader technical structure positive. The 24000 mark will act as an immediate support or buying zone, while the 24320 mark will act as the nearest resistance. The technical setup suggests that while volatility may persist, the overall trend remains constructive with key support levels clearly defined.
Despite the broader market weakness, several stocks managed to outperform by crossing their long-term moving average of 200-EMA levels. Fertilisers & Chemicals Travancore emerged as the standout performer, soaring over 16% amid a broad-based rally in fertiliser stocks after Russia assured India to help alleviate the supply crisis caused by the Middle East war. The shares made an intraday high of ₹920 apiece, crossing their 200-EMA level of ₹254 apiece on the NSE. NMDC has formed a bullish reversal off its 200 EMA support, completing a consolidation breakout on the daily chart and reclaiming its 20, 50, and 100 EMAs, signalling an end to the corrective phase with a target of ₹92.
Angel One, one of India's top five stock broking companies, rose over 3% on Tuesday afternoon amid strong buying interest at lower levels. As reported by Upstox, the shares crossed their 200-EMA level of ₹289 apiece to currently trade near ₹295 apiece on the NSE. The stock has delivered 24.9% returns in 2026 on a year-to-date basis and over 20% in the past twelve months, with previous highs of ₹360 apiece reached in March 2026. Godrej Agrovet soared over 8%, crossing its 200-EMA levels with an intraday high of ₹623 apiece, while TTK Prestige jumped over 1.2%, crossing its 200 EMA of ₹584 apiece with an intraday high of ₹597 apiece.
Axiscades Technologies, a leading aerospace engineering and technology solutions provider, jumped nearly 3% on Tuesday despite the broader market weakness. According to Upstox reports, the shares crossed their 200-EMA level of ₹1,571 apiece on the NSE. The stock has delivered 19% returns in 2026 on a year-to-date basis and 25.8% in the past twelve months, demonstrating strong performance across multiple timeframes. Brigade Enterprises has given a strong breakout from an ascending triangle pattern, signalling a clear improvement in price structure with strong momentum and continued follow-through, while Prestige Estates is showing a positive technical setup after breaking out of a flag-and-pole formation with strong support from its 55-day EMA.
