New Delhi, Aug. 18 -- On 14 August the Indian equity markets clung to gains in a largely range-bound session, with sentiment supported by favourable domestic and global cues. The Nifty 50 edged up 11.95 points or 0.05% to close at 24,631.30, while the Sensex advanced 57.75 points or 0.07% to settle at 80,597.66. Nifty Bank rose 160.40 points or 0.29% to end at 55,341.85, although buying in financials was more measured than in other sectors.

Why it's recommended:The stock has strong momentum with an RSI of 60, MACD at 47, and ADX at 17, indicating an emerging trend. It is trading above all its major moving averages, confirming underlying strength. On the daily chart, the stock has made a new lifetime high, supported by a steady build-up i...