Stocks to buy for short term: NTPC, NMDC, NHPC— experts bullish on THESE 6 stocks for next 2-3 weeks; do you own any?

Stocks to buy for short term: The Indian stock market is exhibiting remarkable resilience to the global chaos as the benchmark index Nifty 50 extended gains to the seventh consecutive session on Tuesday, March 25.

Amid persisting risks stemming from US President Donald Trump's aggressive tariff policies, Nifty 50 has gained nearly 7 per cent this month as of March 24 close. The index looks set to snap its five-month losing streak.

Even as market sentiment has improved, experts advise picking quality stocks at this juncture due to global uncertainty. Vishnu Kant Upadhyay of Master Capital Services and Hardik Matalia of Choice Broking recommend buying the below six stocks for the next 2-3 weeks. Take a look:

Stock picks for short term

Expert: Vishnu Kant Upadhyay, AVP – Research & Advisory, Master Capital Services

NHPC | Previous close: ₹83.62 | Target price: ₹89 and ₹91 | Stop loss: ₹78 | Upside potential: 9%

NHPC has exhibited strong bullish momentum, surging past a cluster of key moving averages, including the 200-day EMA, accompanied by a notable rise in volume.

The stock also breached a significant horizontal resistance, signalling a potential trend reversal. The Supertrend indicator has turned positive, reinforcing bullish sentiment.

The RSI near 68 suggests strong momentum but remains below the overbought zone, indicating further upside potential.

"Prices are currently sustaining above the breakout point, which raises the possibilities of further rise towards ₹89 and then ₹91. On the downside, ₹78 will act as strong support. Overall, the technical structure favours continued bullish momentum, with dips likely to be bought," said Upadhyay.

Lupin | Previous close: ₹2,119.95 | Target price: ₹2,284 | Stop loss: ₹1,985 | Upside potential: 8%

Lupin has witnessed a breakout from a falling channel, signalling a shift in trend momentum.

The stock has also moved above a cluster of key moving averages, including the 55, 100, and 34-day EMAs, reinforcing bullish strength.

Additionally, it has surpassed a horizontal resistance zone, accompanied by a notable rise in volume, indicating strong buying interest. The RSI at 62.78 suggests increasing momentum, while the MACD crossover further confirms upside potential.

"Prices have now started to form higher highs and higher lows pattern, looking to pave the way for ₹2,284 in the near to medium term. Strong support is placed at ₹1,985, making any dips an opportunity to accumulate," Upadhyay said.

NTPC | Previous close: ₹366.95 | Target price: ₹378 and ₹392 | Stop loss: ₹325 | Upside potential: 7%

NTPC broke out of a rounding bottom pattern, indicating a strong bullish reversal. The stock has cleared a key horizontal resistance around ₹338, backed by a sharp rise in volume, reinforcing buying momentum.

Additionally, the stock is trading above the 55, 100, and 200-day EMAs, further confirming a structural uptrend. The RSI at 70.83 reflects strong momentum, while the MACD bullish crossover supports further upside potential.

"The formation of higher highs and higher lows on the daily chart and growing volume on every rise indicates further gain towards ₹378 and then ₹392. On the downside, ₹325 acts as strong support, making any pullbacks an opportunity to accumulate," said Upadhyay.

Expert: Hardik Matalia, Derivative Analyst, Choice Broking

TVS Motor Company | Previous close: ₹2,444.70 | Target price: ₹2,680 and ₹2,720 | Stop loss: ₹2,320 | Upside potential: 11%

TVS Motor Company has reversed from its support zones after a 19 per cent decline. The stock has broken out of a consolidation range, forming a rounding bottom pattern, signalling strength and a potential trend reversal.

A strong breakout is supported by increasing volumes, reinforcing bullish sentiment.

On the technical front, TVS Motor Company has surpassed its short-term (20-day), medium-term (50-day), and long-term (200-day) EMAs, confirming a shift in momentum.

The RSI at 59.70 is trending upwards, indicating growing strength.

"If the stock manages to sustain above ₹2,460, it could open the doors for further upside towards the ₹2,680– ₹2,720 range. Buying at the current level is advisable, with a stop-loss set at ₹2,320 to manage risk," said Matalia.

"A sustained move above key levels could strengthen the bullish outlook, making the stock an attractive opportunity for both short-term traders and investors," Matalia said.

NMDC | Previous close: ₹69.53 | Target price: ₹75 and ₹77 | Stop loss: ₹66 | Upside potential: 11%

NMDC has broken out of a consolidation range and is showing signs of accumulation at lower levels. A strong bullish candle on the daily chart, backed by rising volumes, indicates renewed buying interest and growing market participation.

"The stock is nearing a critical resistance level at ₹71. A sustained move above this level could confirm an upward trend, with potential targets in the ₹75– ₹77 range, where resistance may emerge," Matalia said.

Holding above this zone would further strengthen the bullish outlook and signal the continuation of the recovery.

Technically, NMDC has surpassed its short-term (20-day) and medium-term (50-day) EMAs and is now approaching its long-term (200-day) EMA, reinforcing bullish momentum. The RSI at 60.63 is trending upwards, confirming improving strength.

"Buying at ₹69.53 with a stop loss at ₹66 presents a favourable risk-reward setup. A breakout above ₹71 could propel the stock further, making it an attractive opportunity for traders and investors," said Matalia.

Godrej Properties | Previous close: ₹2,189.10 | Target price: ₹2,400 and ₹2,420 | Stop loss: ₹2,080 | Upside potential: 11%

Godrej Properties has seen a 37 per cent decline from its recent peaks before consolidating at lower levels. The stock has now broken out of its consolidation range, signalling a potential trend reversal and renewed buying interest.

On the technical front, Godrej Properties has surpassed its short-term (20-day) and medium-term (50-day) EMAs, indicating strengthening momentum.

A further move towards its long-term (200-day) EMA could reinforce the bullish outlook. The RSI at 59.18 is trending upwards, suggesting improving strength and positive sentiment.

"If Godrej Properties sustains above its breakout levels, it could continue its upward move towards the ₹2,400– ₹2,420 range. Buying at the current price of ₹2,189.10 with a stop-loss at ₹2,080 presents a favourable risk-reward opportunity," Matalia said.

"The strong breakout structure, combined with improving technical indicators, makes Godrej Properties an attractive trade setup for both short-term traders and long-term investors," Matalia said.

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Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.