Market Trading Guide: Buy Adani Ports, Dr Reddy’s and 5 smallcap stocks on Wednesday for short term gains up to 11%

Indian headline indices ended with gains today aided by IT and pharma stocks. Nifty remained in a narrow range of 100 points before closing higher. Commenting on the day’s action, Rupak De, Senior Technical Analyst at LKP Securities, said that the current sentiments look positive in the short term, with the index sustaining above the 21-EMA for the past few sessions. "RSI is in a bullish crossover and holding above 50. In the near term, Nifty may move towards 25,000 and beyond, while support on the lower end is placed at 24,750–24,700," De said.Here are 7 stock recommendations for Wednesday: Stock Ideas