New Delhi, Dec. 18 -- Nagraj Shetti's stock recommendations: The key benchmark indices of the Indian stock market continue to trade weak on the fourth successive session this week. However, some signs of recovery became visible when the Nifty 50 index bounced back from the intraday low of 25,726 and touched an intraday high of 25,863. Bulls may have a sigh of relief as the 50-stock index is trading green and sustaining above the 50-DEMA support placed at 25,750 levels. The Nifty Bank Index also staged a strong pullback from the intraday low of 58,712 and regained the psychological 59,000 levels.

Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities, believes the Indian stock market sentiment is weak, as the Nifty 50 index ...