Market Trading Guide: Buy Ashok Leyland, sell Dixon on Monday for gains up to 9% - Buy Dr. Agarwal's Health Care at Rs 488.80 - Upside: 7% - Stop Loss: Rs 466

The Nifty ended with sharp cuts on Friday, witnessing its sixth consecutive decline amid selling pressure across sectors, most notably in pharma and IT stocks. Nifty’s breaking below the crucial support level of 25,000 triggered a decline and led to the breach of other intermediate supports. Commenting on the day’s action, Rupak De, Senior Technical Analyst at LKP Securities, said the sentiment remains weak, with immediate and critical support placed in the 24,550–24,500 zone. “A decisive breakdown below 24,500 could extend the correction towards 24,150, which corresponds to the 38.20% Fibonacci retracement of the rally from 21,743 to 25,669. On the other hand, if the index holds above 24,500, a sharp recovery can be expected," De said.The Nifty broke below the crucial support level of 25,000, triggering a decline that led to the breach of other intermediate supports. The sentiment remains weak, with immediate and critical support placed in the 24,550–24,500 zone. A decisive breakdown below 24,500 could extend the correction towards 24,150, which corresponds to the 38.20% Fibonacci retracement of the rally from 21,743 to 25,669. On the other hand, if the index holds above 24,500, a sharp recovery can be expected.Here are 4 stock recommendations for Monday: Nifty Watch