Market Trading Guide: IRCTC, Redington among 5 stock recommendations for Tuesday

Indian markets sustained their downward trajectory, primarily influenced by global market uncertainties. Investors remained wary ahead, leading to persistent selling pressure at higher levels."Nifty closed near its immediate support and Fibonacci 0.50 retracement level, making 23,300 a crucial level to hold for any recovery. The 23,800–23,850 range, coinciding with a previous swing high, continues to act as a strong supply zone, further bolstered by aggressive call writing. Notably, the RSI has slipped below 50, indicating fading bullish momentum and rising sluggishness," said Dhupesh Dhameja, Derivatives Analyst, SAMCO Securities.Here are 5 stock recommendations for Tuesday Stock Ideas