Equity benchmarks gained nearly 1 percent on April 21, supported by positive market breadth. About 1,875 shares witnessed buying interest compared to 1,109 declining shares on the NSE. With the announcement of the US extending the ceasefire deadline with Iran, the sustainability of the three-day gains will be key to watch in the upcoming session. Below are some short-term trading ideas to consider:

Amol Athawale, VP technical Research at Kotak Securities

Marico | CMP: Rs 762.5

After the upward rally, Marico witnessed a sharp correction and is now consolidating within a symmetrical triangle pattern on the daily chart. The presence of higher lows highlights sustained buying interest and underlying strength, suggesting a potential breakout ahead.

For traders, the key level to monitor is Rs 735, which acts as immediate support. If the stock holds above this level, the positive trend structure would remain intact. A decisive move beyond the consolidation range may trigger further upside, with the stock likely to head towards the Rs 815 level in the coming sessions.

Strategy: Buy

Target: Rs 815

Stop-Loss: Rs 735

Lodha Developers | CMP: Rs 875.7

After a strong reversal movement and a pause over the last few sessions, Lodha Developers is gaining traction for a further upmove. The breakout from the consolidation structure on the chart indicates a bullish continuation pattern.

Therefore, upward momentum in the stock is likely to persist in the near term. As long as the stock is trading above Rs 845, the bullish structure is likely to continue, above which the stock could move up to Rs 930.

Strategy: Buy

Target: Rs 930

Stop-Loss: Rs 845

Lupin | CMP: Rs 2,311.5

After a remarkable upmove, Lupin has been taking a breather over the last several sessions. The consolidation structure suggests a bullish continuation chart pattern. Moreover, the stock has comfortably closed around its short-term moving average. Therefore, it is likely to resume its uptrend from the current levels in the coming sessions. For the next few trading sessions, Rs 2,230 could be the trend-decider level for the bulls; if it sustains above this level, further upside towards Rs 2,470 can be expected.

Strategy: Buy

Target: Rs 2,470

Stop-Loss: Rs 2,230

Ashish Kyal, Founder and CEO of Waves Strategy Advisors

Astra Microwave Products | CMP: Rs 1,111.1

On the daily chart, Astra Microwave Products, after giving a breakout from a larger consolidation pattern, has successfully retested the same and is now heading higher. Over the past five trading sessions, the stock has closed above its prior day’s high, except for one day, reflecting sustained bullish momentum.

Rising volumes are supporting the rally, confirming strong buying interest. Bollinger Bands continue to expand, with prices closing near the upper band for the last four sessions, indicating strength and higher volatility. For now, one can use dips towards Rs 1,095–1,105, with support around Rs 1,060 and resistance near Rs 1,150, followed by Rs 1,175.

Strategy: Buy

Target: Rs 1,150, Rs 1,175

Stop-Loss: Rs 1,060

Nestle India | CMP: Rs 1,379.9

In the previous session, Nestle India surged over 7 percent following strong quarterly results, pushing the stock to a fresh record high of Rs 1,396. On the daily chart, the stock had been forming a rounding bottom pattern since February 2026, and the recent breakout signals positive trend continuation.

Momentum indicators also support this view, as the KST indicator has crossed above its signal line and moved above the zero line, indicating strengthening momentum. However, after such a sharp rally, some profit booking cannot be ruled out. Investors should avoid chasing highs and instead look for buying opportunities on dips around Rs 1,360–1,375 levels, with upside targets at Rs 1,425 and Rs 1,480, while Rs 1,315 remains a key support level.

Strategy: Buy

Target: Rs 1,425, Rs 1,480

Stop-Loss: Rs 1,315

Deepak Fertilizers and Petrochemicals Corporation | CMP: Rs 1,266.35

Fertiliser stocks have recently gained on easing crude and gas concerns, along with improving market sentiment, benefiting companies like Deepak Fertilisers. The stock continues to outperform peers and has protected its prior day’s low on a closing basis for 13 consecutive sessions, reflecting steady buying momentum.

Additionally, in the previous week, prices moved above the 200-day EMA for the first time since November 2025, marking a strong technical breakout. One can use dips towards Rs 1,245–1,250 as an opportunity to participate in the ongoing uptrend. Immediate support is placed near Rs 1,200, which also coincides with an important EMA support area. On the upside, the stock can head towards Rs 1,330 levels or higher.

Strategy: Buy

Target: Rs 1,330

Stop-Loss: Rs 1,200

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

Bank of Maharashtra | CMP: Rs 80.18

Bank of Maharashtra has given a breakout above its 52-week high and from a cup pattern, along with an expansion in volumes. The price structure of higher highs and higher lows defines an uptrend in the stock. This uptrend across all time frames, along with the stock consistently trading above all major EMAs—namely the 20-day, 50-day, 100-day, and 200-day, which are all sloping upwards—are positive signs for further acceleration of the trend.

Previous resistance levels have acted as support in the current rally, in line with the principle of polarity. The stock can be bought at current prices and on minor dips around Rs 79.

Strategy: Buy

Target: Rs 86

Stop-Loss: Rs 76

Graphite India | CMP: Rs 737.25

Graphite India has given a breakout from a cup pattern, supported by rising volumes. The stock has been in an uptrend, marked by the formation of higher highs and higher lows. Prices are consistently sustaining above all major exponential moving averages—namely the 20-day, 50-day, and 100-day EMAs—with all of them sloping upwards, which confirms a strong uptrend.

During the current leg of the rally, previous resistance levels have turned into support, supporting the positive price action. The stock can be bought at current levels.

Strategy: Buy

Target: Rs 820

Stop-Loss: Rs 700

Delhivery | CMP: Rs 472

Delhivery has broken out of short-term consolidation, and the current rally has been accompanied by rising volumes, adding strength to the price action. The stock is in an uptrend, with a higher high–higher low structure.

The stock is consistently trading above all major exponential moving averages, which is bullish. Also, the 14-period RSI remains below the overbought zone, suggesting the possibility of continuation of the prevailing uptrend. Fresh buying can be considered at current levels, as the stock has just broken out of a minor consolidation pattern.

Strategy: Buy

Target: Rs 500

Stop-Loss: Rs 458