New Delhi, Aug. 11 -- On Friday, 8 August, the Indian equity market witnessed a broad-based sell-off. Benchmark indices extended their losing streak amid persistent selling pressure across major sectors. Caution dominated the session as weak global cues and continued institutional profit-booking weighed on sentiment.

Sarda Energy & Minerals Ltd-Current price: Rs.534.95

Why it's recommended: Sarda Energy & Minerals Ltd has a daily RSI at 65, indicating steady bullish momentum. MACD is positive at 26, and ADX at 28 reflects a strengthening trend. After making a new lifetime high, the stock witnessed some profit booking and is now trading at a recent major demand zone. This zone is expected to act as strong support, potentially triggering ...