Market Trading Guide: Kaveri Seed, Camlin Fine Sciences are among stock recommendations for Thursday

Indian frontline indices ended in the red for the sixth day in a row with selling pressure in auto and IT stocks. The 50-stock index Nifty 50 closed at 23,045, lower by 0.12% or 26.55 points while the S&P BSE Sensex closed at 76,171, down by 0.16% or 122.5 points.Decoding Nifty's on technical charts, Rupak De, Senior Technical Analyst at LKP Securities said that the headline index closed with a long-legged Doji formation after a day of high volatility. "On the lower end, the index found support just above the previous swing low. Until the previous low of 22,786 is broken decisively, the chances are high that Nifty might recover towards 23,500–23,600 in the near term. Immediate resistance is placed at 23,200, while immediate support is at 23,000," De said.Here are 2 stock recommendations for Thursday: Stock Ideas