Hence, any minor price corrections towards 63,500-62,500-61,600 levels remain an accumulation opportunity. The brokerage expects this momentum to gear up towards 66,000-67,000-68,800 levels.

Getty Images6/12FMCGBullish stocks: Radico Khaitan, Nestlé India, Marico, United SpiritsThe index is currently in a downtrend, and a decisive breakout above the resistance zone of 19,100 to 19,300 may signal a trend reversal. Given that the primary trend remains bullish, investors should consider these corrections as opportunities for buying and accumulating assets within the support zones, as per the brokerage.

Additionally, any minor dips towards the 18,000, 17,800, or 17,500 levels could be seen as favourable opportunities for traders to buy and accumulate. Agencies7/12ITBullish stock: CoforgeThe BSE IT Index has delivered a remarkable rebound, turning the technical outlook into a strong short-term recovery phase.

While the major 32,500 overhead ceiling remains a critical hurdle for a complete structural trend reversal, the sheer strength of this month's move confirms robust accumulation at lower levels. com8/12HealthcareBullish stocks: Aurobindo Pharma, Divi’s Laboratories, Granules India, Gland Pharma, Laurus Labs, Torrent Pharmaceuticals, Zydus LifesciencesBy maintaining its strong upward trajectory and achieving a decisive monthly close above the 50,000 mark (50,797), the structural uptrend remains exceptionally healthy with no signs of technical exhaustion.

Axis continues to maintain a high-conviction "buy-on-dips" approach, recommending accumulation on any tactical pullbacks toward the 48,500–49,000 zone for higher targets. TIL Creatives9/12PowerBullish stock: Adani Energy SolutionsThe BSE Power Index has shown high-level resilience, taking a brief breathing spell after its major structural breakout.

The combination of price holding near recent peaks and a strong RSI layout suggests that the broader uptrend is simply consolidating before its next leg higher. The brokerage maintained a high-conviction bullish outlook and continues to recommend a "buy-on-dips" approach, viewing any minor consolidation toward the 7,600–7,800 zone as a favourable entry window.

AP10/12MetalsBearish stocks: APL Apollo Tubes, Jindal Steel, Steel Authority of IndiaThe BSE Metal Index has demonstrated resilience by stabilising above the key 40,000 level and delivering a modest monthly gain, confirming that the prior month's drop was a temporary pause within the larger structural uptrend. With long-term channel dynamics firmly holding, the outlook remains positive.

Axis recommended a buy-on-dips strategy around the 40,000 support zone, favouring long positions targeting a retest of the recent 44,000 highs. PTI11/12Oil & GasBearish stocks: Indraprastha Gas, Indian Oil Corporation, Petronet LNGThe BSE Oil & Gas Index has demonstrated resilience by executing a precise bounce from its long-term rising trendline support.

With the dynamic floor successfully holding firm, the immediate downside threat has subsided. Axis recommended adopting a selective, buy-on-dips approach as long as the index holds above the trendline floor near 25,500, with fresh aggressive longs advised on a decisive monthly breakout above the 28,500 resistance level.

AP12/12Auto Bullish stocks: Ashok Leyl and, Bharat Forge, Bajaj Auto, TVS Motor Company, Hero MotoCorpThe BSE Auto Index has confirmed a major breakout, delivering strong follow-through price action above its key long-term resistance barrier. Since the dynamic floor held firmly and led to a clean breakout above 62,000, the overall outlook remains distinctly bullish.

The brokerage recommended a positive stance, advocating a buy-on-dips approach near the 62,000 breakout retest zone, with existing long positions held comfortably for higher targets.

Tushar Kumar said that despite the changing sentiments, the people of the country are still very welcoming to immigrants.