Market Trading Guide: YES Bank, Nykaa among 8 stock recommendations for Monday

The near-term uptrend status of the market remains intact, but there is a possibility of some more consolidation or minor weakness for the Nifty in the next 1-2 sessions. A decisive upside breakout of 19,875 is likely to bring more upside for the short term. At the lows, the area of 19,600-19,550 is going to act as a support for the short term," said Nagaraj Shetti, Technical Research Analyst at HDFC Securities

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