Nifty Weekly Outlook "On the weekly chart, the index has formed a long bearish candle, with a lower high-low compared to the previous week, indicating weakness at current levels. The Index is approaching a horizontal support of 24,350. A breakdown below this level could open downside till 24,071 (200-daySMA). For a positive trend reversal, the index must close above 24,702 (20-daySMA). The chart structure indicates that a sustained move above 24,500 may attract buying interest,driving the index towards 24,700-25,000, while a breakdown below 24,350 could intensify selling pressure, dragging it towards 24,150-23,900. For the week, we expect Nifty to trade in the range of 25,000-23,900 with a negative bias. The weekly strength indicator RSI is moving downwards and is quoting below its reference line, indicating a negative bias," said the technical research analysts of Axis Securities. Bank Nifty Weekly Outlook "On the weekly chart, the index has formed a long bearish candle with a lower high-low and closed below the prior week's low, confirming weakness at current levels. The index is now approaching the May'25 low of 53,483. A breakdown below this support could open further downside, while holding above it may trigger a short-lived relief rally. The chart structure indicates that a sustained move above 54,000 could invite buying interest, lifting the index towards 54,500-55,000. Conversely, a breach below 53,500 is likely to accelerate selling pressure, dragging the index towards 52,900-52,500. For the coming week, we expect Bank Nifty to trade in the 55,000-52,500 band with a negative bias. The weekly RSI remains in negative territory and below its reference line, reaffirming the bearish undertone," the technical research analysts of Axis Securities stated. Top Stocks To Buy This Week Here are the top 3 stocks to buy this week as recommended by Axis Securities. Dalmia Bharat Buy Range:2370-2322, Stop loss: 2240, Upside: 9% -11%

• DALBHARAT has given a decisive breakout above the medium-term downward sloping trendline at 2,350 on the weekly chart, backed by a strong bullish candle-signalling the continuation of its medium-term uptrend.
• The stock is trading well above its 20, 50, 100, and 200-day SMAs, underscoring robust strength and an improving trend structure.
• It continues to maintain a higher high- higher low formation and is comfortably positioned above its rising trendline, reflecting sustained buying interest.
• Momentum indicators further validate the bullish setup, with the weekly RSI holding firmly above 50 and trending higher, confirming strong underlying momentum.
• The above analysis indicates an upside toward 2,558-2,600 levels.
• The holding period is 3 to 4 weeks.

Eicher Motors Buy Range: 6040-5900, Stop loss: 5700, Upside: 9%-12%

• EICHERMOT has registered a decisive breakout above the Rounded Bottom pattern at 5,930 on the weekly chart, accompanied by a strong bullish candle, marking the end of its consolidation phase and the continuation of the medium-term uptrend.
• The breakout is backed by rising volumes, adding conviction to the price action and suggesting further upside potential.
• The stock has closed above the weekly upper Bollinger band, hence generating a buy signal.
• Adding to the bullish setup, the weekly RSI has crossed above its signal line and broken out of a horizontal resistance at 60, confirming renewed momentum and reinforcing the positive bias.
• The above analysis indicates an upside toward 6,510-6,700 levels.
• The holding period is 3 to 4 weeks.

CG Power and Industrial Solutions Buy Range: 687-673, Stop loss: 644, Upside: 11%-15%

• CGPOWER has decisively broken out above the falling channel at 686 on the daily chart with a strong bullish candle, marking the onset of a medium-term uptrend.
• The breakout is supported by rising volumes, lending conviction to the price action and signalling further upside potential.
• The stock is also holding above the 50% Fibonacci retracement of the 578-709 rally, placed at 645, establishing a strong short-term support base.
• Momentum indicators strengthen the bullish outlook, with the daily RSI crossing above its signal line, confirming robust underlying momentum.
• The above analysis indicates an upside toward 752-780 levels.
• The holding period is 3 to 4 weeks.