Top Short-Term Stock Picks Amid Market Volatility: Insights from Kotak Securities
Stocks to buy for the short term: From Swiggy to JSW Steel— Kotak Securities' Amol Athawale shares 3 stock picks
Mint
Image: Mint
In a volatile trading environment, Kotak Securities' Amol Athawale recommends three stocks for short-term investment: Swiggy, JSW Steel, and TVS Motor Company. Each stock has specific target prices and stop-loss levels to guide traders amid market fluctuations.
- 01Indian stock market experienced over 2% decline following US President Trump's comments on Iran.
- 02Amol Athawale recommends Swiggy with a target price of ₹290 and a stop loss at ₹260.
- 03JSW Steel is advised with a target price of ₹1,220 and a stop loss at ₹1,100.
- 04TVS Motor Company has a target price of ₹3,680 with a stop loss at ₹3,320.
- 05Market conditions are volatile, suggesting level-based trading strategies.
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The Indian stock market faced significant losses, with the Sensex and Nifty 50 dropping over 2% in early trading on Thursday, influenced by US President Donald Trump's remarks regarding military operations in Iran. Amid this volatility, Amol Athawale, VP of Technical Research at Kotak Securities, recommends three stocks for short-term trading. Swiggy, which closed at ₹265.30, has a target price of ₹290 and a stop loss at ₹260. Athawale notes that the stock is in oversold territory and may rebound if it sustains above the ₹260 level. JSW Steel, closing at ₹1,140.40, is suggested with a target of ₹1,220 and a stop loss at ₹1,100. The stock has shown signs of accumulation and may break out of its current range. Lastly, TVS Motor Company, at a previous close of ₹3,425.80, has a target price of ₹3,680 and a stop loss at ₹3,320, indicating potential upward momentum after reversing from a key support zone. Athawale emphasizes the importance of monitoring these stop loss levels to manage risk effectively.
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Investors considering these stocks may find opportunities for short-term gains, but they should be cautious of market volatility.
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More about Kotak Securities
Impact of Iran-US Conflict on Indian Equity Markets and Investment Strategies
Mint • Mar 5, 2026
FIIs Withdraw ₹11,000 Crore Amid US-Iran Tensions, Market Faces Turmoil
The Economic Times • Mar 4, 2026
Historical Data Suggests Strong Market Recoveries Post-Conflict Amid Current West Asia Tensions
The Economic Times • Mar 4, 2026
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