New Delhi, April 24 -- The Indian stock market witnessed a day of twists and turns after opening with a strong gap-up on 23 April. The Nifty 50 started the session on a positive note, fueled by upbeat sentiment and steady inflows, but faced resistance early in the day, triggering a mild pullback. However, buyers stepped back in during the second half, helping the index regain momentum and break above the 24,300 mark by close.

Ashok Leyland Ltd (current price: Rs.230.70)

Why it's recommended: The stock has given a rectangle breakout on the hourly chart. Also, it has broken the upper channel of the falling wedge pattern. RSI is also positive, expecting a good rally in this stock.

Key metrics: Breakout level: Rs.230 | Chart pattern: Recta...