Market Trading Guide: Buy IDFC First, 2 other stocks on Wednesday for up to 8% upside

Nifty ended with sharp cuts on Tuesday amid selling pressure across the board with financials, realty and IT stocks among the most hit. today as Nifty slipped for the second session in a row. Recording its second consecutive fall, the index fell below its 200 SMA on the hourly chart. As the day belonged to bears, Rupak De, Senior Technical Analyst at LKP Securities said that the index failed to retest the morning high. "On the downside, the support at 25,870 was breached, intensifying bearish sentiment in the market. In the short term, the index may drift lower towards 25,700 and lower. On the upside, the 25,950–26,000 zone is likely to act as a crucial resistance in the near term," De said.Here are 4 stock recommendations for Wednesday: Stock Ideas