The consolidation is expected to continue until the Nifty 50 delivers a strong close above the midline of the Bollinger Bands. Below are some short-term trading ideas to consider.
Stocks to watch, 12, June: Stocks like Cyient, ICICI Bank, Maruti Suzuki India, Canara Bank, Kellton Tech Solutions, GMM Pfaudler, Titagarh Rail Systems, Zydus Lifesciences, CE Info Systems Nazara Technologies, Sterlite Technologies, HG Infra Engineering, Hindustan Copper, and Angel One will be in focus on June 12.
Hatsun Agro Product, Den Networks, Udaipur Cement Works, Unichem Laboratories, Lupin, Ujaas Energy, and Century Textiles & Industries will also be in focus on Tuesday.