According to The Times of India, Indusind Bank has been recommended as a buy in the range of ₹1,016-1,017 with a stop loss at ₹980 and target of ₹1,060. The stock is showing a descending trendline breakout on the weekly chart and forming a higher top and higher bottom pattern above its short-term moving averages. The stock has taken support from the 40-day EMA aligning with lower Bollinger band, with momentum indicators witnessing a positive crossover suggesting increasing bullish momentum. Computer Age Management Services (CAMS) is also recommended as a buy in the range of ₹782-783 with a stop loss at ₹750 and target of ₹824. The stock is taking multiple supports from the 20 & 40 Weekly Exponential Moving Averages, indicating strength in the overall trend.
As reported by The Times of India, Patanjali Foods has been identified as a sell call in the range of ₹346-345 with a stop loss at ₹357 and target of ₹329. On the weekly chart, the stock is showing lower top and lower bottom formation and trading below 78.60% retracement of overall rise from 270 swing low. The stock is showing multiple rejections from 20 DEMA and a breakdown of range in the downside suggesting weakness. Momentum indicators are witnessing a negative crossover, suggesting weakness, with key resistance at ₹354 and support placed at ₹337.
According to latest market data, Nifty50 is currently trading at 24,051 as of September 1, 2026, with a high of 24,082.60 and low of 24,009.50. The index is showing neutral intraday sentiment with previous day closing at 24,080.40. Patanjali Foods is currently trading at ₹346.45 in the latest market data, showing a slight variation from the recommended sell range of ₹346-345. The intraday targets for sellers are positioned at 24,009.50, 23,985.13, and 23,960.76, while buyers can target 24,082.60, 24,106.97, and 24,131.34.
