# Market Trading Guide: Adani Ports, Rashi Peripherals among 6 stock recommendations for Wednesday — retained record

> Retained news record from news:india-et-markets.

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source: [news](https://highsignal.app/data/news) (news:india-et-markets)  published 2026-09-29 14:51 ingested 2026-09-30 03:02

[original source ↗](https://economictimes.indiatimes.com/markets/stocks/news/market-trading-guide-adani-ports-rashi-peripherals-among-6-stock-recommendations-for-wednesday/slideshow/134569608.cms)

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Domestic equities continue to face correction-led headwinds amid volatile crude prices, US Treasury yields hovering near two-decade highs, and persistent FII outflows exerting pressure on the rupee. Adding to the pressure, the unprecedented pace of IPO fundraising is absorbing incremental liquidity. Investor risk appetite remains subdued against a hawkish global backdrop amid rising odds of additional rate hikes later in the year.
Here are 6 stock recommendations for Wednesday:
Stop-loss: Rs 4850 Target: Rs 4450The short-term bounce of last week seems to have reversed down sharply this week. We observe bearish patterns like lower tops and bottoms on the daily chart. The stock price is in an attempt of moving below the key support of weekly 20 period EMA.Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities
Stop-loss: Rs 191 Target: Rs 215The stock price has been in a strong upside momentum over the last few weeks. We observe a bullish pattern like higher tops and bottoms over the period. Currently witnessed upside breakout of few weeks range at Rs 195-196 levels recently. Volume and RSI patterns indicate positive bias for the stock price ahead.Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities
Stop-loss: Rs 797 Target: Rs 872The stock has staged a strong breakout above the key resistance zone, indicating a continuation of its recent uptrend. It has been forming a series of higher highs and higher lows and is comfortably trading above its key moving averages, reflecting strong trend strength. The breakout is supported by steady buying interest and improving price structure following a healthy consolidation phase.Vaishali Patel, Senior Manager - Research - Technical Department at Jainam
Stop-loss: Rs 891 Target: Rs 980Rashi Peripherals is showing a strong setup, which resembles as bullish chart pattern Cup and Handle breakout. The price is trading comfortably above the 20, 50 and 100-DMA, confirming positive trend alignment. The recent breakout above 900–910 is supported by improving momentum, while RSI has moved up to around 65, indicating strengthening buying interest.Vaishali Patel, Senior Manager - Research - Technical Department at Jainam
Stop-loss: Rs 2275 Target: Rs 2650Kirloskar Oil Engines Limited demonstrates a strong horizontal resistance breakout past 2,300 on the daily chart, Supported by a massive volume spike and a sharp RSI upturn into bullish territory above 70, holding above its 20/50/100/200 EMAs signals accelerating upside momentum toward 2650Virat Jagad, Sr Technical Research Analyst, at Bonanza Portfolio
Stop-loss: Rs 1730 Target: Rs 2000Adani Ports & Special Economic Zone Limited shows a strong support retest and turnaround from its crucial demand zone around 1720.00–1740.00, Supported by a strong volume uptick and RSI reversing upward past signal line from double-bottom support, holding above its key 20/50/100 EMAs signals momentum toward targets of 1950 and 2000.Virat Jagad, Sr Technical Research Analyst, at Bonanza Portfolio
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