Market Trading Guide: SAIL, NTPC Green among 4 top stock recommendations for up to 8% gains on Wednesday

Nifty ended with sharp gains on Tuesday, recording its second successive uptick, led by buying action in banks, auto and metal stocks. In the process, it has given a falling channel breakout on the charts, suggesting a rise in optimism.Rupak De, Senior Technical Analyst at LKP Securities said the index has moved above the 21EMA on the hourly timeframe and the sentiment is likely to remain slightly positive from here, with a possibility of a rise towards 23,800–24,000. On the lower end, however, crucial support is placed at 23,400, De said, adding that a fall below this level might reactivate the bears in the market and Nifty could fall back to the recent low of 22,950.Here are 4 stock recommendations for Wednesday: Stock Ideas