According to The Times of India, Aakash K Hindocha, Vice President - Research, Nuvama Professional Clients Group/Nuvama Wealth, has recommended three stocks for September 17, 2026. Aegis Logistics is recommended as a BUY with a low cost price of ₹1,381, stop loss at ₹1,320, and target of ₹1,650. Aarti Pharmalabs is also a BUY with LCP at ₹813, stop loss at ₹770, and target of ₹900. Just Dial completes the list as a BUY with LCP at ₹673, stop loss at ₹640, and target of ₹750.
As reported by The Times of India, Aegis Logistics has demonstrated strong outperformance over the last two days and taken crucial support at 20 DMA. The stock's recent performance suggests potential for an 8-10% rally in the short term, with the 20 DMA serving as a trailing stop loss on a closing basis. The technical outlook indicates that such outperformance typically leads to strong runs when broader market strength emerges.
According to The Times of India, Aarti Pharmalabs has shown strong technical reversal with a strong reversal candle that managed to reverse most of its previous session's losses. The stock's volume performance in yesterday's session adds conviction to the reversal, which was led by strong volumes. On a weekly timeframe, the stock has taken support at the 10 period moving average, indicating underlying momentum on higher timeframes, with targets at 900-920 levels.
As reported by The Times of India, Just Dial has respected its swing low and closed above the previous session's high, showing strong relative performance and making a volatility contraction pattern. The stock is currently demonstrating strong relative performance and is making a volatility contraction pattern. A close above 680 level can lead to a strong rally of 8-10% in upcoming weeks.
According to The Times of India, Nifty is currently holding onto its crucial support zone of 23,150-23,200 with charts reaching oversold zone. A closing below this support would open gates for 22,800-23,650 level. However, such oversold levels warrant for sideways to positive return over next one month based on historical data. A close above 23,380 level would open targets for 23,700-23,850 level. Bank Nifty has held onto its crucial swing zone of 55,700 and managed to reverse from the same, with yesterday's trading session showing bank nifty outperforming Nifty and lifting the same.
