Archive · 24 Jul 2026
Ajit Mishra Recommends 3 Stocks for Short-Term Gains
Ajit Mishra, a stock market expert, has suggested buying three stocks for the next 1-2 weeks.
These stocks are Biocon, Mahindra and Mahindra, and United Spirits.
He believes these stocks have strong technical indicators and are likely to perform well.
However, the overall market is volatile due to geopolitical risks and elevated crude oil prices.
The Nifty 50 index has been losing value and is currently below 23,900.
Mishra advises a stock-specific approach and disciplined risk management.
Ajit Mishra recommends buying Biocon, Mahindra and Mahindra, and United Spirits for short-term gains.
Biocon has a strong technical structure and is expected to resume its uptrend.
Mahindra and Mahindra shows improving technical momentum and has broken out of its consolidation range.
United Spirits has a strengthening chart structure and is likely to continue its uptrend.
The Nifty 50 index has lost 2% in the last four sessions and is below 23,900.
- Who
- Ajit Mishra, SVP of Research at Religare Broking
- What
- Recommended three stocks for short-term gains
- When
- Next 1-2 weeks
- Where
- Indian stock market
- Why
- Due to strong technical indicators and positive momentum in the recommended stocks
Bullish View
Bearish View
Market Sentiment
Bullish View
The bullish view suggests that the market is showing signs of recovery and that the recommended stocks have strong technical indicators and positive momentum.
Bearish View
The bearish view argues that the market is volatile and that geopolitical risks and elevated crude oil prices could lead to further declines.
Stock Performance
Bullish View
The bullish view highlights that the recommended stocks have strong technical structures and are likely to perform well in the short term.
Bearish View
The bearish view suggests that the market's overall volatility and mixed earnings outlook could negatively impact stock performance.
- Biocon
- Previous close: ₹ 435.20, Target price: ₹ 466, Stop loss: ₹ 420
- Mahindra and Mahindra
- Previous close: ₹ 3229.70, Target price: ₹ 3,450, Stop loss: ₹ 3,120
- United Spirits
- Previous close: ₹ 1,418, Target price: ₹ 1,530, Stop loss: ₹ 1,360
- Nifty 50
- Current level: Below 23,900
- Market Sentiment
- Mixed due to geopolitical risks and elevated crude oil prices