Market Trading Guide: Buy Birlasoft and Asian Paints on Wednesday for up to 10% gains

Benchmark indices on D-Street fell for the third day in a row, dragged by banks and financials ahead of the RBI policy outcome on Friday. Nifty's lackluster trade in the last three sessions has dragged the index below the 21EMA. Rupak De, Senior Technical Analyst at LKP Securities said that a mild negative divergence on the daily chart has contributed to the recent weakness in momentum. "On the hourly chart, a rising trendline offers immediate support; however, if Nifty slips below this trendline, a slide towards 25,900 may follow. On the other hand, resistance is placed at 26,150, and a move above this level could improve sentiment. Overall, a bearish to sideways sentiment may persist over the next few days," De said.Here are 2 stock recommendations for Wednesday: Stock Ideas