Stocks to buy for short term: Ajit Mishra of Religare Broking suggests 3 technical picks; do you own?

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Stocks to buy for the short term: The domestic stock market benchmark, Nifty 50, started the year 2026 on a positive note. The index ended 17 points, or 0.06%, up at 26,146.55 on 1 January, extending gains to the second consecutive session.
 On Friday, 2 January, the index jumped about 0.50% to rise to an intraday high above 26,270.
The Indian stock market is expected to deliver healthy returns in 2026 on earnings growth, an India-US trade deal, and the return of FIIs. 
Some experts expect the Nifty 50 to hit levels above 29,000 by the end of the year.

Ajit Mishra, SVP of Research at Religare Broking, expects the Nifty to gradually emerge from the prevailing consolidation phase.


"A decisive breakout above the 26,200 level could pave the way for a move towards the 26,500–26,700 zone in the near term. Traders are advised to maintain a positive bias and adopt a buy-on-dips strategy, with preference for banking, auto and metal stocks, while continuing to focus on disciplined risk management.







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