Market Trading Guide: Eicher Motors, Hindalco Industries are stock recommendations for Friday

Bulls ruled the D-Street for the second day in a row as India’s frontline indices closed with strong gains led by energy, pharma and FMCG sectors. While NIfty closed at 22,544.70, up by 207.40 points or 0.93%, the BSE Sensex ended its three-session declining trend to settle at 74,340.09, gaining by 609.86 points or 0.83%. Commenting on the day's action, Rupak De, Senior Technical Analyst at LKP Securities said that the Nifty continued to rise today, filling the recent gap on the daily chart. "The RSI is recovering from a historical low and is currently in a bullish crossover. In the short term, the sentiment appears to favor the bulls. On the higher end, the index may move towards 23,750–23,800. The sentiment is likely to remain strong unless the Nifty falls below 22,300," De said.Here are 2 stock recommendations for Friday: Stock Ideas