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Market Trading Guide: Astra Microwave, Manappuram among 5 stock recommendations for Tuesday

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Core Development: Market Trading Guide: Astra Microwave, Manappuram among 5 stock recommendations for Tuesday
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Market & Financial Impact: Analysts recommend five stocks for Tuesday, including Astra Microwave, Manappuram and Laurus Labs, citing bullish chart patterns, improving momentum and breakout signals. Here are the targets and stop-loss levels.
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Actionable Insight: 🟢 Bullish Trigger: Positive business expansion or earnings beat may attract institutional and retail buying.

Indian markets failed to hold early gains on Monday as sentiment weakened amid a rise in the 10-year bond yield to a three-year high and continued FII outflows driven by external uncertainties. Going forward, analysts say the Middle East remains a key overhang, with continued Houthi attacks on Saudi and regional energy infrastructure keeping concerns over potential supply disruptions and elevated crude oil prices alive.Here are 5 stock recommendations for Tuesday

Astra Microwave is attempting a breakout from a downward-sloping channel pattern on the daily chart, currently trading at Rs 1,690 after consolidating and defending its base along the 1,600–1,630 zone. The 14-period RSI has crossed back into positive territory at 53.56, indicating steadying momentum and renewed buying interest off the channel lows.Sachin Gupta, VP – Technical Research at Choice Equity Broking

Manappuram is staging a technical rebound off its long-term base on the daily chart, currently trading at 320 after finding support around the 308–312 zone. The 14-period RSI has curled upward to 48.75, showing a steady pickup in momentum as selling pressure subsides from recent lows. Across the moving average framework, the price has reclaimed its 20 EMA and the long-term 200 EMA, with further upside opening the way toward retesting the overhead 50 and 100 EMAs.Sachin Gupta, VP – Technical Research at Choice Equity Broking

Laurus Labs is demonstrating strong bullish continuation on the daily timeframe, currently trading at fresh swing highs of 2,069.20 after completing a brief shallow consolidation above the 1,980–2,000 zone. The 14-period RSI sits firmly in bullish momentum territory at 64.17, turning upward to signal accelerating buying strength without reaching overbought extremes.Sachin Gupta, VP – Technical Research at Choice Equity Broking

Caliber Mining and Logistics Limited demonstrates a decisive horizontal breakout above its key consolidation zone around 550.00 on the daily chart, pushing to 563.20 (+6.41%). Trading comfortably above its short-term moving average with strong volume accumulation and a bullish RSI crossover past signal lines into positive territory around 65, the setup confirms accelerated upside momentum toward 615.00.Virat Jagad, Sr Technical Research Analyst, at Bonanza Portfolio

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Official Publisher Attribution: This report is aggregated from Economic Times. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.
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