The benchmark indices corrected sharply on February 27, with the Nifty 50 sinking 1.25 percent amid subdued market breadth. About 1,921 shares witnessed selling pressure compared to 975 advancing shares on the NSE. The market is expected to face a bear attack given the prevailing bearish momentum and rising US-Iran tensions. Below are some short-term trading ideas to consider:

Osho Krishan, Chief Manager - Technical & Derivative Research at Angel One

Atul | CMP: Rs 6,674

Atul has been in a secular uptrend, hovering above all its significant EMAs on the daily chart, with a higher high formation. The technical structure appears positive, with a ‘Flag’ pattern formation on the daily chart, followed by multiple positive crossovers among the EMAs, favouring bullish price action.

Additionally, there has been a rounding bottom formation in the counter, adding to the bullish quotient. Hence, we recommend buying Atul around Rs 6,640–6,600.

Strategy: Buy

Target: Rs 7,100, Rs 7,200

Stop-Loss: Rs 6,300

Pidilite Industries | CMP: Rs 1,492

Pidilite Industries has rebounded from its strong demand zone in recent sessions and has surged above its 20 and 50 DEMA. From a technical perspective, the counter has witnessed multiple positive crossovers among EMAs, adding to the bullish quotient.

Furthermore, the MACD histogram portrays a bullish reversal signal on the daily timeframe. Hence, we recommend buying Pidilite Industries around Rs 1,480–1,470.

Strategy: Buy

Target: Rs 1,560, Rs 1,580

Stop-Loss: Rs 1,415

Yatharth Hospital & Trauma Care Services | CMP: Rs 709.55

Yatharth Hospital has demonstrated a V-shaped recovery in the last couple of weeks, which propelled the counter above all its significant EMAs from oversold parameters. Additionally, the counter has surged above the 50 percent Fibonacci retracement of the recent fall, adding to a bullish undertone.

Even the technical parameters are strongly aligned with the price action, indicating a potential rally in the coming period. Hence, we recommend buying Yatharth Hospital around Rs 700.

Strategy: Buy

Target: Rs 765, Rs 780

Stop-Loss: Rs 660

Rajesh Palviya, Senior Vice President Research (Head Technical Derivatives) at Axis Securities

Bharat Forge | CMP: Rs 1,911.2

On the weekly chart, Bharat Forge has delivered a powerful breakout to fresh all-time highs, decisively clearing the multi-year resistance zone around Rs 1,805. The move is backed by a sharp surge in volumes, reflecting strong accumulation and high conviction among participants. Now trading in uncharted territory, the stock remains firmly above its 20, 50, 100, and 200-day SMAs, underscoring a robust and well-structured uptrend. The weekly Bollinger Bands are expanding, and the price has closed above them, indicating a positive bias.

Further validation comes from the weekly RSI (14), which is trending higher and holding above its reference line, reinforcing the positive bias and signalling potential for continued upside.

Strategy: Buy

Target: Rs 2,050, Rs 2,160

Stop-Loss: Rs 1,800

Jammu and Kashmir Bank | CMP: Rs 121.39

On the weekly chart, Jammu and Kashmir Bank has delivered a decisive breakout from a prolonged consolidation phase, surging past the crucial Rs 118 resistance on a closing basis. This move effectively ends the extended base formation seen through much of 2025 and signals the resumption of a structural uptrend. The breakout is supported by a sharp spike in volumes — the highest in several months — confirming strong participation and a clear shift in sentiment from neutral to bullish.

The stock has reclaimed its 20, 50, and 100-day SMAs, restoring its broader bullish structure. Further validation comes from the weekly RSI (14), which has accelerated above the 60 mark, reflecting strengthening momentum and a sustained positive bias.

Strategy: Buy

Target: Rs 130, Rs 140

Stop-Loss: Rs 115

Indian Oil Corporation | CMP: Rs 187.47

On the weekly chart, IOC has staged a strong recovery, decisively clearing the key multi-year resistance at Rs 183. After forming a low near Rs 113 in early 2025, it has consistently respected an upward-sloping trendline, confirming a structural uptrend. The recent breakout is backed by a steady rise in volumes, reflecting sustained participation and growing conviction.

The stock is trading comfortably above its key moving averages and the median Bollinger Band, reinforcing the prevailing bullish bias. The weekly RSI (14) is placed at 69 and trending higher, signalling strengthening momentum and indicating room for further upside in the near to medium term.

Strategy: Buy

Target: Rs 200, Rs 215

Stop-Loss: Rs 180

Anshul Jain, Head of Research at Lakshmishree Investments

Chennai Petroleum Corporation | CMP: Rs 961.95

Chennai Petroleum has delivered a decisive breakout from a 65-day bullish cup-and-handle formation near Rs 940, supported by a sharp volume surge of over 388 percent versus the 50-day average — clear evidence of strong participation. The structure shows alignment across timeframes, with both daily and weekly moving averages trending higher and acting as a robust launchpad.

Momentum indicators are also strengthening, as the RSI on multiple timeframes is entering the bullish zone, signalling expanding upside energy. Price behaviour suggests accumulation rather than speculative spikes. As long as the stock sustains above the breakout level, the setup favours continuation toward the Rs 1,080–1,100 zone, which emerges as the immediate upside objective. Failure to hold Rs 940 would be the key near-term invalidation.

Strategy: Buy

Target: Rs 1,100

Stop-Loss: Rs 920

Voltas | CMP: Rs 1,561.3

Voltas has broken out of a 107-day bullish rectangle near Rs 1,470, confirming a significant shift from consolidation to expansion. The initial rally post-breakout has been followed by a controlled pullback, with the price now stabilising around the rising 10-day EMA — often a classic launchpad for continuation.

Volume behaviour reinforces the bullish case: steady accumulation during the base, expansion on the breakout, and contraction during consolidation, indicating supply exhaustion rather than distribution. This price–volume rhythm suggests readiness for a fresh directional leg.

As long as the stock holds above the breakout zone, momentum remains constructive, with immediate upside potential toward Rs 1,680–1,700. Any dips into the Rs 1,530–1,520 band are likely to attract demand and offer favourable add-on opportunities.

Strategy: Buy

Target: Rs 1,700

Stop-Loss: Rs 1,500

IDBI Bank | CMP: Rs 116

IDBI Bank has confirmed a powerful breakout from an exceptionally long 722-week Volatility Contraction Pattern near Rs 105, signalling a major structural shift. After a healthy pullback to retest the breakout zone, the stock is now delivering a follow-through move, indicating strong demand absorption.

Volume behaviour throughout the base — especially on the right side — has been distinctly accumulative, pointing to sustained institutional interest. Moving averages across daily and weekly charts are trending higher and acting as a propeller for momentum.

The RSI on both timeframes has entered a trending phase, reinforcing strength. A fresh swing high breakout above Rs 116 would unlock an immediate move toward Rs 125–130, while sustained strength above Rs 125 could extend the rally toward the Rs 150–155 zone.

Strategy: Buy

Target: Rs 155

Stop-Loss: Rs 105

Aditya Thukral, Founder & Analyst of AT Research & Risk Managers

Laurus Labs | CMP: Rs 1,075.8

Laurus Labs has been trading within a rising channel, which is still fresh. The stock has started exhibiting higher highs and higher lows and is closing above all the major EMAs, i.e., the 20-day, 50-day, 100-day, and 200-day. All the EMAs sloping upwards confirm an established uptrend. The stock prices are now following the principle of polarity, as previous resistances are acting as supports.

The stock has been in a long-term uptrend, and the 14-period RSI reading near the 61 level gives comfort to buyers. Any dip in prices would be an added advantage to enter the stock.

The stock can be bought on dips in the range of Rs 1,045 to Rs 1,030, as the previous resistance zone of Rs 1,020–1,030 has now turned into a support zone.

Strategy: Buy

Target: Rs 1,115

Stop-Loss: Rs 996

Godrej Properties | CMP: Rs 1,731

Godrej Properties has exhibited a head-and-shoulders pattern along with a breakdown. The stock prices have started to sustain below the 20-day EMA after a bounce from lower levels, which is a sign of a negative reversal in the direction of the larger downtrend. The stock is consistently trading below all its major exponential moving averages, viz., the 20-day, 50-day, 100-day, and 200-day, with all the EMAs sloping downwards, which establishes a strong downtrend.

The stock has been sliding lower with the formation of fresh resistances that previously acted as supports. Also, the 14-period RSI has recovered from oversold zones, and this bounce in prices can be used as a selling opportunity.

Fresh shorts can be executed in the stock futures at current prices or on a rise toward Rs 1,750, expecting the continuation of the downtrend, as previous supports have now turned into resistances.

Strategy: Sell

Target: Rs 1,600

Stop-Loss: 1800