ET- Day Trading Guide: 17 March 2026

Authored By HDFC SKY | Last Modified: 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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Disclaimer

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