The market saw a significant decline on October 25, making it the fifth consecutive session of decline. Market breadth was imbalanced, with 2,138 shares falling and only 376 rising on the NSE. This indicates a bearish trend.
Analysts suggest that traders should adopt a 'sell on rally' strategy due to the current volatility. Trading recommendations have been given for several stocks, including Britannia, Karur Vysya Bank, Thermax, Vishnu Chemicals, and CRISIL. Vinay Rajani, a Senior Technical and Derivative Analyst at HDFC Securities, has provided potential strategies for these stocks in the near term, reflecting the cautious outlook among investors.
A simple HTML list can also be used to present the trading recommendations: