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Technical calls highlight PSU and consumer names amid selective market action
Angel One’s technical view flags Engineers India, NMDC and Titan as near-term opportunities, citing momentum signals and supportive chart structures despite subdued broader market volumes.
The picks are supported by constructive chart patterns, improving momentum indicators, and volume confirmation. For further upside as prices trade above key moving averages, though they advise disciplined risk management given low volumes and ongoing consolidation in broader markets. The breakout is backed by a notable surge in volumes and a strong bullish candle, adding conviction to the move.