ET- Day Trading Guide: 17 March 2026
By HDFC SKY | Updated at: Mar 17, 2026 05:29 PM IST
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Stock Picks of Priority
Technical Recommendations: Gajendra Prabu (Senior Technical Research Analyst)
| Stock | Reco. | CMP | Stoploss | Target | Rationale |
|---|---|---|---|---|---|
| TATAPOWER | Buy | 400.75 | 384 | 430 | Price continues to maintain a bullish Dow structure, supported by positive RSI on both daily and weekly charts |
| WHEELS | Buy | 948 | 899 | 1020 | Price continues to maintain a bullish Dow structure and is trading well above all key moving averages |
| RATNAMANI | Buy | 2381.20 | 2295 | 2530 | Oscillators and indicators signal a positive bias, with price trading above short-term moving averages |
Derivative Strategies of Priority
F&O Strategy: Nandish Shah (Senior Technical & Derivative Analyst)
| Stock | Reco. | CMP | Stoploss | Target | Rationale |
|---|---|---|---|---|---|
| NHPC Future (30 MAR Expiry) | Buy NHPC Fut around 76 | 76.5 | 71 | 79.5 | On the Derivative Front, the NHPC has witnessed a Long Build. There has been a price rise of 1.6% with an addition of Open Interest to the tune of 5% |
| National Aluminum 400 Call (30 March Expiry) | Buy National Aluminium 400 Call around Rs 9 | 11 | 6 | 16 | We have seen short covering in the National Aluminium futures where we have seen 1% fall in the open interest with price rise of 6%. Trend of the stock remains positive as it is placed above its important short term moving averages. |
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