Market Trading Guide: Tourism Finance and Cummins India are stocks to buy on Tuesday for up to 16% returns. Here’s why

Feb 23, 2026, 08:26:01 PM IST

India’s benchmark indices rallied on Monday after the US Supreme Court on Friday struck down President Donald Trump’s sweeping global tariffs. Following a gap-up start, the index retraced and slipped back below the 50DMA due to a lack of buying interest at higher levels.
Rupak De, Senior Technical Analyst at LKP Securities, said the flow of contradictory news kept the index confined roughly within the band of the 21EMA (25,641) and the 50DMA (25,737). "India VIX remained elevated, while the index continued to hold above the 200DMA. The daily RSI remained indecisive despite a positive crossover. In the short term, the index may remain sideways unless it moves above 25750 or falls below 25,600," De said.
Here are 2 stock recommendations for Tuesday:

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Stop Loss: Rs 73
Target: Rs 90
Tourism Finance Corporation of India is exhibiting strong bullish momentum after a decisive breakout above the 76 resistance zone on the daily chart, supported by a sharp rise in volumes, indicating genuine buying interest. The stock is trading well above its 9, 15, and 21 EMAs, reflecting short-term trend strength, while the 200 EMA remains positively sloped, confirming a broader uptrend. RSI is near 69, signalling strong momentum without entering extreme overbought territory, and the price structure shows higher highs and higher lows.
(Kunal Kamble, Sr. Technical Research Analyst, Bonanza Portfolio)

ANI

Stop Loss: Rs 4,600
Target: Rs 5,380
Cummins India has delivered a strong breakout above the 4,720 resistance zone with expanding volumes, signalling renewed bullish momentum and continuation of its broader uptrend. The stock is trading well above its 9, 15, and 21 EMAs, indicating strong short-term trend alignment, while the positively sloping 200 EMA confirms long-term strength. ADX near 36 reflects a strengthening trend, and RSI around 75 highlights powerful momentum, though slightly near overbought territory. The formation of higher highs and higher lows supports a bullish structure, suggesting potential upside.
(Kunal Kamble, Sr. Technical Research Analyst, Bonanza Portfolio)
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)

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