Chandan Taparia recommends Mankind Pharma, Kotak Mahindra Bank, and Ashok Leyland as buy ideas for 19 Sept.
Mankind Pharma: breakout from a symmetrical triangle; target ~₹2,800; stop loss ~₹2,550.
Kotak Mahindra Bank: breach above double-bottom neckline, closed above 50-day EMA; target
~₹2,125; stop ~₹2,020.
Ashok Leyland gets attention as cyclical demand in auto & commercial vehicles picks up.
Taparia also notes Bank Nifty’s support around 55,500; resistance seen near 56,000-56,25
0.
Technical strength in these names is backed by rising volumes and positive indicators.
Risk remains from macro headwinds like interest rates & input costs.
Traders may use these as short to medium-term plays.
For investors, keeping stop losses tight is advised in volatile conditions.
Overall, these stock calls reflect a cautious optimism in select names amid
broader market pressure.