Equity benchmarks got caught in a bear trap after a day of bullish momentum, with the Nifty 50 falling 1.63 percent on March 11 amid the ongoing US–Iran conflict. Market breadth turned weak, with 1,740 declining shares against 1,197 advancing shares on the NSE. The market may remain range-bound with a negative bias until it closes above Monday's bearish gap. Below are some short-term trading ideas to consider:

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

Bharat Electronics | CMP: Rs 454.1

Bharat Electronics broke out of a box consolidation a few days back, and this breakout was accompanied by an expansion in volumes. The stock has been in an uptrend with the formation of higher highs and higher lows and is continuously witnessing bullish moves after creating short consolidations.

The stock is trading close to the previous resistance levels of Rs 452–454, which are now acting as support, following the principle of polarity. The stock is consistently trading above all its major exponential moving averages, i.e., the 20-day, 50-day, 100-day, and 200-day EMAs, with all the EMAs sloping higher.

Fresh buying can be initiated in the stock at current prices as the accumulation phase, which is accompanied by falling volumes, is near completion.

Strategy: Buy

Target: Rs 474

Stop-Loss: Rs 441.50

Blue Star | CMP: 1,941.1

Blue Star broke out of a major falling trendline, and the same is now being witnessed after a small corrective phase. Both breakouts were accompanied by volume expansion and gave buyers confidence. The stock is facing resistance at the Rs 2,040 level; once cleared, the stock could witness an explosive move on the upside.

Now that a short-term structure of higher highs and higher lows has been created and prices are closing above all the major EMAs, i.e., the 20-day, 50-day, 100-day, and 200-day, which are sloping upwards, this confirms an established uptrend.

The stock can be bought at current prices or on dips around Rs 1,920, as the previous resistance levels have now turned into support.

Strategy: Buy

Target: Rs 2,060

Stop-Loss: Rs 1,849

Sudeep Shah, Head - Technical and Derivatives Research at SBI Securities

Karnataka Bank | CMP: Rs 228.73

Karnataka Bank has given a horizontal trendline breakout on the daily chart, with the Rs 210–220 zone acting as a strong resistance since June 2025. The breakout signals a potential shift in the stock’s price structure. Momentum indicators support the bullish bias, with the RSI reclaiming the 60 mark, indicating strengthening momentum.

Additionally, DI positioned above DI- in the ADX indicator reflects a strong bullish presence. The stock has also closed above the upper Bollinger Band for two consecutive sessions, suggesting strengthening momentum and the potential for further upside in the near term. Hence, we recommend accumulating the stock in the zone of Rs 229–227 with a stop-loss of Rs 218. On the upside, it is likely to test the level of Rs 245 in the short term.

Strategy: Buy

Target: Rs 245

Stop-Loss: Rs 218

National Aluminium Company | CMP: Rs 397.75

NALCO has been consolidating in the Rs 404–377 range over the past five sessions. Despite this pause, the stock continues to trade above its key short- and long-term moving averages, indicating an underlying bullish structure. The metal sector also remains strong, as reflected by the rising ratio line in the Metal/Nifty ratio chart, signalling relative outperformance.

Momentum indicators further support the positive bias, with the MACD line placed comfortably above both the signal line and the zero line. The ongoing consolidation within this range could act as a base, paving the way for a potential upside breakout in the near term. Hence, we recommend accumulating the stock in the zone of Rs 400–396 with a stop-loss of Rs 383. On the upside, it is likely to test the level of Rs 425 in the short term.

Strategy: Buy

Target: Rs 425

Stop-Loss: Rs 383

Bajaj Finserv | CMP: Rs 1,795.3

Bajaj Finserv witnessed a breakdown of a rising wedge on February 27 and has been drifting lower since then, reflecting sustained selling pressure. The stock has also breached the crucial Rs 1,890–1,900 support zone, which earlier attracted consistent buying interest. It currently trades well below its key short- and long-term moving averages, highlighting a weak price structure.

Momentum indicators reinforce the bearish outlook, with the RSI slipping below 30 and remaining in a falling mode. Additionally, a rising ADX signals strengthening bearish trend intensity, while the MACD remains below both the signal line and the zero line, indicating continued downside bias. Hence, we recommend selling the stock in the zone of Rs 1,800–1,790 with a stop-loss of Rs 1,850. On the downside, it is likely to test the level of Rs 1,670 in the short term.

Strategy: Sell

Target: Rs 1,670

Stop-Loss:Rs 1,850

Rupak De, Senior Technical Analyst at LKP Securities

Astral | CMP: Rs 1,746.3

Astral has given a consolidation breakout on the daily timeframe, suggesting a rise in optimism around the stock. Besides, the price has been sustaining above the 50DMA. The RSI has re-entered a bullish crossover. On the higher end, the stock might move towards Rs 1,870, while on the lower end, support is placed at Rs 1,690.

Strategy: Buy

Target: Rs 1,870

Stop-Loss: Rs 1,690

APL Apollo Tubes | CMP: Rs 2,016.3

APL Apollo Tubes has slipped sharply on the back of intense selling pressure by strong hands, leading to a fall below the 50DMA. Sentiment weakened after a consolidation breakdown on the daily timeframe. The RSI has recently slipped into a bearish crossover, adding to the weak momentum. In the short term, the price might continue to decline, with the potential to fall towards Rs 1,850. On the higher end, resistance is placed at Rs 2,070.

Strategy: Sell

Target: Rs 1,870

Stop-Loss: Rs 2,071

Titan Company | CMP: Rs 4,140.3

Titan Company has slipped out of the recent consolidation, suggesting a rise in pessimism. Besides, the stock price has fallen below the 50DMA, adding to the weakness. The RSI is in a bearish crossover and continues to fall, pointing to weak momentum. In the short term, the price might continue to decline, with the potential to fall towards Rs 4,050. On the higher end, resistance is placed at Rs 4,200.

Strategy: Sell

Target: Rs 4,050

Stop-Loss: Rs 4,200