Technical analyst Vaishali Parekh picks three stocks for intraday trade as Nifty edges up

Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher, recommended three stocks for intraday buying on Tuesday, 22 September. She set a buy price of ₹335.90 for Eternal with a target of ₹352 and a stop‑loss of ₹328. Urban Company was flagged at ₹173.40, target ₹182, stop‑loss ₹169. Rain Industries was listed at ₹212.18, target ₹223, stop‑loss ₹208. The broader market showed mixed moves. The Nifty index closed 0.29 % higher at 23,414, while the Sensex rose 0.81 % to 74,894. The Nifty Midcap 100 fell 0.23 % and the Smallcap 100 was flat. Gains were seen in pharma, realty, FMCG, consumer durables and oil‑and‑gas stocks, each rising between 0.53 % and 1.27 %. Metal and PSU‑bank shares were the biggest losers. Parekh noted that the Nifty is slowly climbing from the 23,100 zone and has crossed the 23,400 level, but it must break above 23,800 to build firm conviction; a move past 24,000 would turn the bias clearly positive. She said the near‑term support sits around 23,000 and the key resistance near 24,000. For the day she sees support at 23,300 and resistance at 23,600. On the Bank Nifty, she observed recovery from the 55,700 low, a close near 56,500 and a daily range of 56,000‑57,000. A decisive break above the 57,300 200‑period moving average would improve bias, while a climb past 58,500 is needed for a breakout. Investors are advised to consult certified experts before acting.