The Nifty Total Market showed mixed performance today with 336 stocks advancing while 404 stocks declined, indicating a bearish market sentiment. The index touched an intraday high of ₹13,128.00 and an intraday low of ₹13,057.15, reflecting a 37.41% decline from the previous close of ₹13,177.00. The current market breadth of 336:404:10 (advancing:declining:unchanged) suggests that while some stocks are performing well, the overall market sentiment remains cautious. Top gainers in the Nifty Total Market today include JUSTDIAL, CANHLIFE, and KALYANKJIL, while top losers are ICICIGI, BLUEJET, and DCMSHRIRAM.
According to Choice Equity Broking analyst Aakash Shah, LICI presents a compelling buying opportunity at ₹443 with a stop-loss at ₹425 and target of ₹480. The stock has recently witnessed a decisive breakout above a broader falling trendline, signalling a potential reversal in the medium-term trend after an extended consolidation phase. LICI is sustaining above the breakout zone and has strengthened the bullish setup by forming a bullish engulfing candlestick pattern, indicating renewed buying interest at higher levels.
Shah recommends BAJAJFINSV at ₹1,916 with a stop-loss at ₹1,835 and target of ₹2,070. The stock has been witnessing steady accumulation from lower levels, indicating improving investor confidence after a prolonged corrective phase. BAJAJFINSV recently delivered a decisive breakout above its previous swing high and successfully retested the breakout zone before resuming its upward move, confirming the strength of the bullish structure. The breakout coincides with the 200-day EMA resistance, which has now turned into a strong support level.
For Metropolis Healthcare, Shah suggests buying at ₹568 with a stop-loss at ₹540 and target of ₹625. The stock continues to exhibit a strong Higher High–Higher Low (HH-HL) formation, highlighting a well-established bullish trend after its recovery from lower levels. Following the earlier Golden Crossover, Metropolis has consistently respected its 20-day and 50-day EMAs as dynamic support, with every minor decline attracting fresh buying interest. The MACD remains in positive territory with the MACD line holding above the signal line, reflecting sustained bullish momentum.
According to the analysis, momentum indicators remain supportive across all three recommendations. LICI's RSI holds around 62.8, reflecting strengthening buying momentum without entering the overbought zone. BAJAJFINSV's RSI has climbed to around 66.9, forming higher highs after rebounding from the oversold zone. Metropolis shows successive higher highs while finding support near its rising short-term EMAs, indicating that buyers remain firmly in control. The analyst emphasizes maintaining strict risk management through defined stop-loss levels to ensure favorable risk-reward setups for positional traders.
