The benchmark indices witnessed profit booking in the second half of the session and closed off the day's high with marginal gains on June 25. Market breadth remained weak, with about 1,972 shares declining against 1,020 advancing shares on the NSE. The consolidation may continue as long as the market trades below Friday's high. Below are some short-term trading ideas to consider:

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

Global Health | CMP: Rs 1,312.4

On the weekly chart, Medanta decisively surpassed the neckline of an inverse head-and-shoulders pattern at the Rs 1,280 level on a closing basis. The breakout was accompanied by huge volumes, signalling increased participation. The daily, weekly, and monthly Relative Strength Index (RSI) remains in favourable territory, indicating rising strength across all time frames.

The stock is well placed above its 20-, 50-, 100-, and 200-day simple moving averages (SMAs). These averages are also inching higher along with the price, reaffirming the bullish sentiment. Daily and weekly Bollinger Band buy signals indicate strengthening momentum.

Strategy: Buy

Target: Rs 1,400, Rs 1,480

Stop-Loss: Rs 1,290

Tata Motors | CMP: Rs 431.9

On the daily chart, TMCV confirmed a trend reversal by decisively surpassing the breakout level of an inverse head-and-shoulders pattern at Rs 420, accompanied by huge volumes. The stock is well placed above its 20-, 50-, 100-, and 200-day simple moving averages (SMAs), confirming bullish sentiment. The daily and weekly RSI remains in favourable territory, indicating rising strength over the short to medium term.

Strategy: Buy

Target: Rs 460, Rs 480

Stop-Loss: Rs 420

Cholamandalam Investment and Finance Company | CMP: Rs 1,799.2

With a strong 6 percent gain last week, Cholamandalam Investment decisively broke out above the Rs 1,700 level, accompanied by rising volumes, signalling increased participation. The stock is well placed above its 20-, 50-, and 100-day simple moving averages (SMAs). These averages are also inching higher along with the price, reaffirming the bullish sentiment. The daily and weekly RSI remains in favourable territory, indicating rising strength across all time frames.

Strategy: Buy

Target: Rs 1,900, Rs 1,970

Stop-Loss: Rs 1,750

Om Mehra, Technical Research Analyst at Samco Securities

Maruti Suzuki India | CMP: Rs 13,745

Maruti Suzuki has broken out of an ascending triangle pattern that had been developing since March, supported by a rising trendline. The breakout was accompanied by a strong bullish candle, with the stock surging more than 3.7 percent on Friday and closing decisively above the Rs 13,400 resistance zone, which had capped advances on multiple occasions.

Volumes surged to more than twice the recent average, lending strong confirmation to the breakout. The stock is also trading comfortably above its 20-day SMA, which has started trending higher, reflecting improving price strength.

The RSI has climbed sharply to around 60, indicating strengthening momentum, while the MACD histogram has turned positive, confirming a bullish shift in trend. The auto sector has also been showing renewed strength, adding further support to the setup.

Strategy: Buy

Target: Rs 14,600

Stop-Loss: Rs 13,250

Radico Khaitan | CMP: Rs 3,829.8

Radico Khaitan has broken out of a cup-and-handle pattern on the daily chart, with the stock making a fresh higher high above Rs 3,830. The breakout above the Rs 3,450 handle resistance has been accompanied by a pickup in volumes, lending strong confirmation to the move.

The Supertrend remains in an uptrend, continuing to act as trailing support below the current price. The stock is also trading well above its 50-day SMA, which is sloping upward.

The RSI is placed near 71, reflecting strong momentum, while the MACD continues to remain in positive territory, supporting the ongoing uptrend.

Strategy: Buy

Target: Rs 4,180

Stop-Loss: Rs 3,680

Poonawalla Fincorp | CMP: Rs 440.3

Poonawalla Fincorp has confirmed a double-bottom pattern on the daily chart, with both troughs forming near the Rs 368-375 zone between April and June. The stock has since rallied sharply, reclaiming the Rs 430-440 region and printing fresh swing highs. Volumes have picked up meaningfully during the recent advance, lending conviction to the breakout. The stock is also trading well above its VWAP (volume-weighted average price), placed near Rs 437, reinforcing the improving technical structure.

The RSI has climbed sharply to around 69, reflecting strengthening momentum, while the MACD has turned positive, with the histogram expanding and confirming the bullish shift. The NBFC space has also been showing renewed strength, adding further support to the setup..

Strategy: Buy

Target: Rs 480

Stop-Loss: Rs 418

Jay Mehta, Technical Research at JM Financial Services

JSW Cement | CMP: Rs 133.55

JSW Cement is forming a bullish structure with higher highs and higher lows, supported by a rising trendline. On June 11, it formed a bear trap pattern. In recent sessions, the stock has sustained above all key moving averages, including the 200-day EMA, indicating inherent strength.

Momentum and trend indicators support a bullish bias. The latest session saw an attempt to break above the narrow 7-8-day trading range, indicating that buyers are trying to regain momentum. Volume has been building positively, reflecting healthy accumulation.

Strategy: Buy

Target: Rs 149, Rs 154

Stop-Loss: Rs 126

Trident | CMP: Rs 26.45

Trident has broken out above a long-term descending trendline on the weekly chart that had been in place since January 2024. After multiple rejections, the stock finally sustained and closed above this trendline last week and is now showing follow-through strength.

Volumes have been building positively, and an inverse head-and-shoulders pattern is visible on the momentum indicator. On the daily chart, the price has sustained above the 200-day EMA with strong volumes, indicating healthy participation. Momentum and trend indicators support a bullish bias.

Strategy: Buy

Target: Rs 28.9, Rs 30

Stop-Loss: Rs 24

Castrol India | CMP: Rs 185.37

Castrol is forming a bullish structure with higher highs and higher lows. The stock has an inverse correlation with crude oil—as crude remains weak, Castrol is showing strength. Recently, it broke out of a consolidation channel with rising volumes and is now trading above its 20-day and 50-day EMAs, signalling strengthening short- to medium-term momentum.

Momentum and trend indicators support a bullish bias. A strong move is expected once the price sustains above Rs 189.6. Accumulating at the current market price (CMP) and adding more above Rs 189.6 would be the preferred strategy to maintain a favourable risk-reward ratio.

Strategy: Buy

Target: Rs 195, Rs 200

Stop-Loss: Rs 181.99

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

Kotak Mahindra Bank | CMP: Rs 409

Kotak Mahindra Bank has staged a strong recovery over the past few weeks, decisively reclaiming its 20-day EMA following a prolonged corrective phase. The stock has recently surged above its 200-day EMA, supported by positive crossovers among shorter-term moving averages, indicating strengthening momentum.

Furthermore, the formation of a bullish flag pattern on the charts, backed by supportive technical indicators, reinforces the constructive outlook and suggests the potential for further upside in the near term. Hence, buying is recommended around the Rs 405-400 zone.

Strategy: Buy

Target: Rs 435, Rs 440

Stop-Loss: Rs 382

Inox Green Energy Services | CMP: Rs 204.15

Inox Green Energy Services has witnessed a strong resurgence from the Rs 135 zone, marking a notable recovery and reclaiming key moving averages across multiple time frames. The stock appears to be forming a bullish inverse head-and-shoulders pattern and has recently broken above its immediate swing high.

Furthermore, multiple positive EMA crossovers reinforce the improving technical structure, indicating a favourable outlook and strengthening bullish momentum. Buying is recommended in the stock around Rs 200.

Strategy: Buy

Target: Rs 220, Rs 228

Stop-Loss: Rs 185