Market Trading Guide: Buy Adani Power, Netweb and 2 more stocks on Wednesday for gains up to 25%
- Posted on May 26, 2026
- By Business News Today
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- 2 min read
Market Trading Guide: Buy Adani Power, Netweb and 2 more stocks on Wednesday for gains up to 25%
Nifty ended lower on Monday, breaking its three-session winning streak as selling pressure in financials, realty and consumer stocks triggered bearish sentiments. The Nifty slipped back below 24,000 as sellers continued to dominate at higher levels.Decoding charts, Rupak De, Senior Technical Analyst at LKP Securities the index found support near the 20EMA on the hourly chart, indicating buying interest at lower levels. The hourly RSI remains in a bearish crossover and is drifting lower, suggesting some near-term weakness, he said."Despite this, the broader short-term sentiment continues to remain positive, and the possibility of a rebound in the coming sessions cannot be ruled out. On the upside, 24,200 is likely to act as an immediate resistance; a sustained move above this level may trigger further upside momentum. On the downside, support is placed at 23,900. A decisive break below this level could lead to a correction towards 23,825" De added.Here are 2 stocks to buy: Stock Ideas