Market Trading Guide: Policybazaar among 6 stocks with buy recommendations for Thursday. Upside up to 12% in short term

Indian benchmark indices ended Wednesday with gains led by metals and energy stocks, breaking their three-sessions losing streak. The market is likely to remain sideways for another session until the Reserve Bank of India’s (RBI) monetary policy announcements on Friday. Commenting on the day's action, Rupak De, Senior Technical Analyst at LKP Securities said that Nifty continues to exhibit a lackluster sentiment as traders await the RBI rate decision. “A bearish crossover in the momentum oscillator RSI signals weakening price momentum, suggesting limited movement in the near term. Immediate support is placed at 24,500; a break below this level could lead to further weakness. On the higher side, resistance is seen at 21,750/21,900," De said.Here are 6 stock recommendations for Thursday: Stock Ideas