The market is likely to extend its southward journey if it fails to hold the previous day's low. Until then, consolidation can't be ruled out. Below are some trading ideas for the near term.

Hot Stocks: Triveni Engineering, Welspun Corp, Motherson Sumi Wiring can return up to 16% in short term

In the near term, the sentiment may continue to weaken as long as Nifty 50 stays below 22,400. On the downside, the index might decline towards 22,150.

Hot Stocks | Godfrey Phillips, IOB, Triveni Engineering may deliver in double digits

Considering the present technical cues and prevailing market mood, a breach below 19,490 on the Nifty on a daily close could trigger a correction, possibly extending to 19,300.

Trade Spotlight | Your strategy to trade in Can Fin Homes, PFC, Triveni Engineering today

Triveni Engineering & Industries has seen a strong gap up opening and formed bullish candlestick pattern with long upper shadow on the daily charts. It has seen smart breakout of consolidation range since December 2022, and closed more than 4 percent higher at Rs 317.

Trade Spotlight | Your game plan for Glenmark Pharma, HPCL, Triveni Engineering today

Triveni Engineering climbed 5.6 percent to Rs 293, December 22 last year, and formed robust bullish candlestick pattern on the daily scale, with above average volumes. The stock has seen a decisive breakout after a consolidation since the start of this calendar year.

Top 10 bets for next 3-4 weeks as investors should opt for 'buy on dips' strategy

The 17,600 level is expected to be crucial for further direction of the Nifty50 going forward and, if the index manages to hold the 17,500-17,600 area, then 18,000 can be a possibility in coming sessions, experts said

Trade Spotlight | How to trade in Glenmark Pharma, PNB Housing Finance, Triveni Engineering today

PNB Housing Finance has formed long bearish candlestick pattern on the daily scale after breaking down bearish Flag and Pole pattern, generally indicating may be more weakness going ahead. Further it has decisively fallen below 200-day EMA (Rs 481) as well, though trading volume was slightly below average.

Top 10 trading ideas for next 3-4 weeks as selling spree gathers momentum

The selling can be extended in the coming sessions with support at 18,100-18,000 levels, however, on the higher side, the index may face hurdles at 18,500-18,700 levels if it holds these supports

Trade Spotlight | What should you do with RITES, Tata Teleservices, Triveni Engineering on Friday?

Triveni Engineering was also in action, rising nearly 4 percent to Rs 286.35 and moved closer to the high of September month, forming strong bullish candle on the daily charts with above average volumes.

Hot Stocks | Here's why you should buy Astral, Monte Carlo Fashions, Triveni Engineering for short term

Momentum indicator RSI has moved above the 60 mark that may generate thrust for further upside. Nifty is giving proper follow-up of bullish reversal morning star candlestick formation on the weekly chart

Hot Stocks | 'Double-digit return likely from Greenpanel Industries, Triveni Engineering, Birlasoft in short term'

Technical indicators suggest that volatility is likely to grip market in the upcoming sessions as well. However, the Nifty has completed one leg of correction, after a steep run-up seen last week and now the index is trading near important retracement support levels at 17,200 and 17,100.

Hot Stocks | Triveni Engineering, Sarda Energy Minerals, Happiest Minds can give up to 15% return in short term

Last week, Nifty found support on the upward sloping trendline on the weekly charts which indicates that the primary uptrend is still there.

Buy or sell: Top stock trading ideas by market experts which are good short-term bets

Rajesh Agarwal of AUM Capital recommends buying Repco Home Finance with stop loss at Rs 398 and target of Rs 425, Mahanagar Gas with stop loss at Rs 848 and target of Rs 873 and Triveni Engineering with stop loss at Rs 52 and target of Rs 58.

Hold Triveni Engineering, says Sharmila Joshi

Sharmila Joshi of sharmilajoshi.com is of the view that one may hold Triveni Engineering.

Exit Triveni Engineering, says Rajat Bose

Rajat Bose of rajatkbose.com is of the view that one may exit Triveni Engineering.

Here are SP Tulsian's top trading ideas

In an interview to CNBC-TV18's Surabhi Upadhyay and Anuj Singhal, SP Tulsian of sptulsian.com shared his views and outlook on the fundamentals of the market and specific stocks.

Buy Swelect Energy Systems: SP Tulsian

In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on the market and specific stocks and sectors.

Buy Triveni Engineering: SP Tulsian

In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on the market and specific stocks and sectors.

Key resistance for Nifty at 9938; 4 stocks which can give handsome returns: Gaba

Prakash Gaba of prakashgaba.com is of the view that the logical technical target of 9969 is still valid as long as 9792 holds. The crucial support for the Nifty is at 9792-9720 and the resistance is at 9916-9969. Bnak Nifty has support at 24000 and resistance at 24300.

Buy Dalmia Bharat Sugar: SP Tulsian

In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on the market and specific stocks and sectors.

Exit Triveni Engineering, says Rajat Bose

Rajat Bose of rajatkbose.com is of the view that one may exit Triveni Engineering.

Here are some fundamental ideas from SP Tulsian

In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on the market and specific stocks and sectors.

Hold Triveni Engineering and Industries: Prakash Gaba

Prakash Gaba of prakashgaba.com is of the view that one may exit Triveni Engineering and Industries.

Here are SP Tulsian's top trading ideas

In an interview to CNBC-TV18's Reema Tendulkar and Surabhi Upadhyay, SP Tulsian of sptulsian.com shared his readings and outlook on the fundamentals of the market and specific stocks.

Here are a few stock ideas by SP Tulsian

In an interview to CNBC-TV18's Sonia Shenoy, Surabhi Upadhyay and Reema Tendulkar, SP Tulsian of sptulsian.com shared his reading and outlook on the market and also gave recommendations on various stocks.