New Delhi, Sept. 22 -- On Monday, 22 September, Indian equities opened the session with a firm gap-up but failed to sustain the early momentum as selling pressure gradually intensified through the day. After the initial optimism, profit-booking emerged across sectors, dragging the benchmarks lower and erasing the opening gains. The session reflected a shift in sentiment as traders turned cautious at higher levels, leading to a steady decline throughout the day.

Why it's recommended: Redington has shown a steady uptrend with bullish momentum building up. The daily RSI is sustaining in positive territory, reflecting strong underlying demand. The MACD remains above the signal line, confirming continuation of the uptrend, while ADX readings ...