Market Trading Guide: Astra Microwave, Manappuram among 5 stock recommendations for Tuesday

Indian markets failed to hold early gains on Monday as sentiment weakened amid a rise in the 10-year bond yield to a three-year high and continued FII outflows driven by external uncertainties. Going forward, analysts say the Middle East remains a key overhang, with continued Houthi attacks on Saudi and regional energy infrastructure keeping concerns over potential supply disruptions and elevated…

Written by
Akash Podishetti
Published by
The Economic Times
Published
Length
621 words · 3 min
Market Trading Guide: Astra Microwave, Manappuram among 5 stock recommendations for Tuesday
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Trading Guide

Indian markets failed to hold early gains on Monday as sentiment weakened amid a rise in the 10-year bond yield to a three-year high and continued FII outflows driven by external uncertainties. Going forward, analysts say the Middle East remains a key overhang, with continued Houthi attacks on Saudi and regional energy infrastructure keeping concerns over potential supply disruptions and elevated crude oil prices alive.
Here are 5 stock recommendations for Tuesday

ANI2/6

Buy Astra Microwave at Rs 1,690 | Stop loss: Rs 1,622 | Target: Rs 1.825

Astra Microwave is attempting a breakout from a downward-sloping channel pattern on the daily chart, currently trading at Rs 1,690 after consolidating and defending its base along the 1,600–1,630 zone. The 14-period RSI has crossed back into positive territory at 53.56, indicating steadying momentum and renewed buying interest off the channel lows.
Sachin Gupta, VP – Technical Research at Choice Equity Broking

Agencies3/6

Buy Manappuram at Rs 320 | Stop loss: Rs 307 | Target: Rs 346

Manappuram is staging a technical rebound off its long-term base on the daily chart, currently trading at 320 after finding support around the 308–312 zone. The 14-period RSI has curled upward to 48.75, showing a steady pickup in momentum as selling pressure subsides from recent lows. Across the moving average framework, the price has reclaimed its 20 EMA and the long-term 200 EMA, with further upside opening the way toward retesting the overhead 50 and 100 EMAs.
Sachin Gupta, VP – Technical Research at Choice Equity Broking

ETMarkets.com4/6

Buy Laurus Labs at Rs 2,069 | Stop loss: Rs 1,986 | Target: Rs 2,235

Laurus Labs is demonstrating strong bullish continuation on the daily timeframe, currently trading at fresh swing highs of 2,069.20 after completing a brief shallow consolidation above the 1,980–2,000 zone. The 14-period RSI sits firmly in bullish momentum territory at 64.17, turning upward to signal accelerating buying strength without reaching overbought extremes.
Sachin Gupta, VP – Technical Research at Choice Equity Broking

Agencies5/6

Buy Caliber Mining at Rs 565-570 | Stop loss: Rs 540 | Target: Rs 615

Caliber Mining and Logistics Limited demonstrates a decisive horizontal breakout above its key consolidation zone around 550.00 on the daily chart, pushing to 563.20 (+6.41%). Trading comfortably above its short-term moving average with strong volume accumulation and a bullish RSI crossover past signal lines into positive territory around 65, the setup confirms accelerated upside momentum toward 615.00.
Virat Jagad, Sr Technical Research Analyst, at Bonanza Portfolio

Agencies6/6

Buy DCB Bank at Rs 214.9-215.3 | Stop loss: Rs 204 | Target: Rs 235

DCB Bank Limited demonstrates a strong bullish breakout past horizontal resistance near 205.00 on the daily chart, pushing to 214.89 (+5.45%). Reclaiming its key 20/50/100/200 EMAs with expanding volume and a sharp RSI rebound curling past signal lines, the setup confirms accelerated upside momentum toward 235.00.
Virat Jagad, Sr Technical Research Analyst, at Bonanza Portfolio

Disclosure: This article has been written by Podishetti Akash, who is not a SEBI-registered Research Analyst or an Investment Adviser. Podishetti Akash and his ‘relative(s)’ (as defined under Section 2(77) of the Companies Act, 2013) do not hold any financial interest in the companies mentioned in this article as of the date of publication. The views/recommendations mentioned in this article, wherever applicable, are those of the respective SEBI-registered Research Analyst/brokerage and have been reproduced/reported with due attribution. They should not be construed as the views or recommendations of The Economic Times Digital or the journalist. Readers are advised to consider the original research report and make their investment decisions based on their own assessment. Brokerage disclosures here.AgenciesRead more onAstra Microwave share priceManappuram share priceLaurus Labs share priceCaliber Mining share priceDCB Bank share pricestocks to buy tomorrowstock recommendations Tuesdaytrading guideEnter search text:BrowseCompanies:ABCDEFGHIJKLMNOPQRSTUVWXYZ123456789
Trading Guide
Buy Astra Microwave at Rs 1,690 | Stop loss: Rs 1,622 | Target: Rs 1.825
Buy Manappuram at Rs 320 | Stop loss: Rs 307 | Target: Rs 346
Buy Laurus Labs at Rs 2,069 | Stop loss: Rs 1,986 | Target: Rs 2,235
Buy Caliber Mining at Rs 565-570 | Stop loss: Rs 540 | Target: Rs 615

Where this came from

This story was reported by Akash Podishetti and first published by The Economic Times on 12 October 2026. HUE Legacy Ventures did not write it.

Carried in full with attribution and a link to the original. Rights remain with the publisher, who may request removal at any time.

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