Equity benchmarks recouped all their opening losses and closed flat with a positive bias on July 13. Market breadth was moderately in favour of the bulls, with about 1,535 shares advancing against 1,460 declining on the NSE. The market is likely to remain within the previous week's trading range. Below are some short-term trading ideas to consider:

Jigar S Patel, Senior Manager - Equity Research at Anand Rathi

Route Mobile | CMP: Rs 582.85

Route Mobile is exhibiting a strong bullish technical setup after breaking out of its consolidation range. It is trading above both the 20-DEMA and 50-DEMA, indicating improving short- to medium-term momentum. The price has also moved above the Ichimoku Cloud, signalling a shift in the overall trend from neutral to bullish.

Additionally, the MACD is trading above the zero line, confirming positive momentum and strengthening the case for further upside. This combination of trend, momentum, and breakout signals suggests sustained buying interest. Traders may consider entering long positions in the Rs 584-575 zone, with target of Rs 680.

Strategy: Buy

Target: Rs 680

Stop-Loss: Rs 525

Hindustan Aeronautics | CMP: Rs 4,511.3

Hindustan Aeronautics continues to exhibit a constructive technical setup. The stock is trading comfortably above both the 20-DEMA and 50-DEMA, indicating sustained short- and medium-term bullish momentum. The MACD remains above the zero line, confirming that the broader trend is positive despite recent consolidation.

Price action is currently stabilizing near a previous demand zone, where buying interest has historically emerged. This suggests that the ongoing pullback is likely a healthy retracement rather than a reversal. As long as the stock holds above this demand zone and key moving averages, the overall bullish structure remains intact. A rebound from current levels could attract fresh buying interest and set the stage for the next leg of the uptrend. Overall, the technical outlook remains positive with a buy-on-dips approach.

Traders may consider entering long positions in the Rs 4,520-4,460 zone, with target of Rs 4,800.

Strategy: Buy

Target: Rs 4,800

Stop-Loss: Rs 4,350

Tata Power Company | CMP: Rs 377.85

Tata Power is showing early signs of a potential reversal after completing an ABCD corrective pattern, with Point D aligning near the 1.27 external Fibonacci extension of the prior decline and a strong historical demand zone around Rs 365–375, which also coincides with the monthly Floor Pivot S1. The recent pullback has also retraced nearly 78.6 percent of the previous upmove, highlighting a critical internal Fibonacci support where buyers have emerged.

Adding strength to the bullish setup, the Cumulative Volume Delta (CVD) has formed a bullish divergence, indicating that selling pressure is easing despite the stock making lower price lows—a sign of gradual institutional accumulation. Additionally, the RSI has rebounded from oversold territory and is attempting to move above the 40 mark, suggesting improving bullish momentum.

Traders may consider entering long positions in the Rs 380-370 zone, with target of Rs 410

Strategy: Buy

Target: Rs 410

Stop-Loss: Rs 357

Jay Thakkar, Vice President & Head of Derivatives and Quant Research at ICICI Securities

Coforge | CMP: 1,540.9

The Nifty IT was the star performer in the last trading session and with that the overall IT stocks have witnessed a revived buying interest from the lower levels which were quite oversold. There has been a clear sign of short covering as this time with the rise in the price the open interest have fallen indicating a positive sign in the near term.

As far as coforge is concerned, it has relatively outperformed the IT index so far in this entire fall and now after having consolidated for few trading sessions, it has once again provided a breakout on the upside due to which there is a further upward momentum likely going ahead.

As far as options data is concerned, there has been significant Put additions from Rs 1,400 to Rs 1,500 strikes, however, at Rs 1,500 strike there is highest Call base and the stock has managed to close well above those levels which can lead to Call unwinding and further uptrend from hereon. The stock has also closed well above its maximum pain level of Rs 1,440 which will act as a short term support. Buying Coforge Futures in the range of Rs 1,540-1,550 is advised, with a stop-loss below Rs 1,480.

Strategy: Buy

Target: Rs 1,650, Rs 1,700

Stop-Loss: Rs 1,480

Bank of Baroda | CMP: Rs 250.65

In the last round of selling in the Nifty PSU Bank Index, Bank of Baroda had witnessed short additions due to which there was a unidirectional fall from Rs 266-240 levels i.e. approximately 10 percent , however, since last Friday there has been a sign of short covering in most of the PSU banking stocks, hence a bounce back cannot be ruled out.

There has been an overall outperformance by the BankNifty as well, so there is an overall sectoral support as well which increases the probability of further short covering. There is a significant Call base right from Rs 250-280 strike indicating huge resistance at each levels, however, once the Nifty bank surpasses the 58,300-58,500 levels the overall banking sector will further witness short covering mainly the PSU banks. So, from with these observations, there is a better risk: reward at the current levels.

Hence, the buying Bank of Baroda Futures in the range of Rs 250-252 is recommended, with a stop-loss below Rs 244.

Strategy: Buy

Target: Rs 260, Rs 265

Stop-Loss: Rs 244

Divis Laboratories | CMP: Rs 6,938.5

Divis Labs has been one of the outperformers in the overall Nifty Pharma list and the sector has witnessed good buying interest since past couple of trading months due to which it has gained significant upward momentum. Divis Labs had provided a breakout from the larger consolidation with strong build up in the open interest as well indicating fresh long additions.

Now, after having consolidated for couple of trading sessions, the stock is ready for another breakout on the upside as the options data suggest that there is significant Put additions at the lower levels whereas on the upside apart from Rs 7,000 strike there is no major Call base, hence once Rs 7,000 level is taken off the stock will find further upward momentum which will be well supported by Call unwinding as well.

The stock is already trading well above its maximum pain level of Rs 6,800 which will act as a good support going ahead. Hence, the buying in Divis Labs Futures in the range of Rs 6,930-6,945 is recommended with a stop-loss below Rs 6,820.

Strategy: Buy

Target: Rs 7,100, Rs 7,200

Stop-Loss: Rs 6,820

Somil Mehta, Head of Retail Research at Mirae Asset ShareKhan

BEML | CMP: 1,885.9

BEML established a strong base around its 50 percent retracement level before breaking out on July 1, signalling a resumption of the upward trend. Although weakness in the broader market during the previous week triggered a temporary pullback, the stock attracted healthy buying interest near its key daily moving averages, highlighting underlying strength.

Over the last few trading sessions, the stock has staged a sharp recovery and has successfully closed above its short-term resistance trendline, indicating a revival in bullish momentum. This breakout is expected to attract fresh buying interest and could drive the stock higher towards the Rs 2,000–2,037 zone over the coming trading sessions.

Strategy: Buy

Target: Rs 2,000, Rs 2,037

Stop-Loss: Rs 1,805

Voltas | CMP: Rs 1,349.5

Voltas has formed a solid base over the past few weeks, taking the shape of a triangle pattern. On Monday, it recorded a sharp jump in trading volumes and closed firmly above its key daily moving averages.

Adding to this, the daily momentum indicator has flashed a bullish crossover — an early signal that the stock may be breaking out of its base formation. Taken together, these signs point to the possibility of continued bullish momentum in the sessions ahead.

Strategy: Buy

Target: Rs 1,410, Rs 1,445

Stop-Loss: Rs 1,297

Dabur India | CMP: Rs 438.9

The rise from June 4 looks like a counter-trend rally within a broader downtrend, rather than a genuine reversal. This bounce in Dabur has met with selling pressure near the 50 percent retracement level of its prior decline. The daily momentum indicator flashed a bearish crossover in Monday's trading session, an early signal that the pullback may be complete and that the stock is likely to resume its downtrend. A close below the 20DMA at Rs 434 would further reinforce this bearish stance.

Strategy: Sell

Target: Rs 418, Rs 405

Stop-Loss: Rs 450

Vidnyan S Sawant, Head of Research at GEPL Capital

Glenmark Pharma | CMP: 2,301.3

Glenmark Pharma remains in a strong uptrend on the higher timeframes, consistently forming a higher-top, higher-bottom structure. On the weekly chart, the stock has witnessed a bullish polarity shift, with the prior resistance zone from July 2025 successfully acting as support. This indicates a resumption of the broader bullish trend.

Furthermore, the stock continues to trade above its key 20- and 50-day EMAs, highlighting sustained trend strength and a positive technical structure.

Strategy: Buy

Target: Rs 2,486

Stop-Loss: Rs 2,210

Laurus Labs | CMP: Rs 1,558.6

Laurus Labs has been exhibiting a robust structural uptrend since May 2023, characterized by a steady and gradual upward trajectory. The stock remains well positioned above its key 20- and 50-day EMAs, highlighting sustained trend strength.

Additionally, the MACD has been trending higher, indicating an acceleration in bullish momentum and reinforcing the positive technical structure.

Strategy: Buy

Target: Rs 1,701

Stop-Loss: Rs 1,490