3 Short-Term Stock Picks for 1–2 Weeks: Mazagon Dock, Oberoi Realty and PB Fintech

3 Short-Term Stock Picks for 1–2 Weeks: Mazagon Dock, Oberoi Realty and PB Fintech

The Indian stock market remained volatile on Thursday as the Nifty 50 extended its decline for the third consecutive session amid weak global cues and continued uncertainty surrounding a potential US-Iran agreement and the reopening of the Strait of Hormuz.

The Nifty settled at 24,396, with the 24,350 support zone remaining an important level to watch in the near term.

According to Ajit Mishra, SVP of Research at Religare Broking, investors may focus on sectors and stocks showing relative resilience while maintaining disciplined risk management.

Mishra has highlighted Mazagon Dock Shipbuilders, Oberoi Realty and PB Fintech for a potential 1–2 week trading horizon.

1. Mazagon Dock Shipbuilders

Previous Close: ₹2,571

Target Price: ₹2,790

Stop Loss: ₹2,450

Mazagon Dock Shipbuilders has shown signs of recovery after undergoing a prolonged corrective phase from its lifetime high.

According to Mishra, the stock found support around its long-term moving average, the 200-week EMA, before staging a strong recovery.

The stock has also broken above a long-term declining trendline, indicating improving momentum and a possible end to the corrective phase.

Mishra believes that sustained trading above the breakout zone could trigger a fresh upward move towards the ₹2,800 area, which coincides with the previous high.

The immediate support zone is around ₹2,450–₹2,400.

Key Levels

Target: ₹2,790

Stop Loss: ₹2,450

Support Zone: ₹2,400–₹2,450

2. Oberoi Realty

Previous Close: ₹1,846

Target Price: ₹2,000

Stop Loss: ₹1,765

Oberoi Realty has also displayed improving technical strength following a period of profit booking.

The stock faced resistance around the ₹1,980–₹2,000 zone before finding support near its previous breakout area and the 50-day EMA.

The stock subsequently broke above an intermediate trendline, accompanied by volume expansion, suggesting renewed buying interest.

According to Mishra, the realty sector has remained relatively resilient, while Oberoi Realty continues to show strength within the sector.

Positive momentum indicators, including the RSI and bullish crossover, have further supported the technical setup.

Key Levels

Target: ₹2,000

Stop Loss: ₹1,765

Previous Resistance: ₹1,980–₹2,000

3. PB Fintech

Previous Close: ₹1,744

Target Price: ₹1,900

Stop Loss: ₹1,670

PB Fintech continues to show a strong bullish structure after recovering from its recent consolidation phase.

The stock has reclaimed and sustained above key moving averages, indicating improving trend strength and renewed buying interest.

Mishra also highlighted the recent upside breakout, which was accompanied by higher trading volumes.

The combination of the breakout and volume expansion indicates strengthening momentum and accumulation, according to the brokerage view.

Key Levels

Target: ₹1,900

Stop Loss: ₹1,670

Market Outlook

The short-term stock picks come at a time when the broader market remains volatile.

The 24,350 level on the Nifty 50 is being closely watched as an important near-term support zone.

Mixed performance among major index constituents has also made it difficult to establish a clear market direction.

In such an environment, the brokerage's approach is to focus on relatively resilient sectors and stocks showing stronger technical structures rather than taking aggressive positions across the broader market.

What Investors Should Watch

For these stocks, the key factors highlighted in the brokerage analysis include

• Breakout sustainability
• Trading volume
• Support levels
• Momentum indicators
• Sector strength
• Broader market direction
• Strict stop-loss discipline

A failure to sustain key breakout zones could weaken the short-term setup, while continued momentum may support the targets highlighted by the brokerage.

Key Takeaways

• Mazagon Dock Shipbuilders has a target of ₹2,790 with a stop loss of ₹2,450.
• Oberoi Realty has a target of ₹2,000 with a stop loss of ₹1,765.
• PB Fintech has a target of ₹1,900 with a stop loss of ₹1,670.
• Mazagon Dock has broken above a long-term declining trendline.
• Oberoi Realty has shown renewed momentum after support near its 50-day EMA.
• PB Fintech has sustained above key moving averages following an upside breakout.
• The Nifty 50's 24,350 support level remains important in the near term.
• The views and levels above are those attributed to Ajit Mishra of Religare Broking, not TrendRipperX.

Disclaimer

This article is published solely for educational and informational purposes and should not be considered financial, investment, legal, or tax advice. The stock views, targets, stop-loss levels and technical observations mentioned in this article are based on the views attributed to the respective market expert/brokerage cited in the source material.

TrendRipperX is not registered with the Securities and Exchange Board of India (SEBI) as an Investment Adviser or Research Analyst. Nothing in this article constitutes a recommendation, solicitation, or advice to buy, sell, or hold any security.

Stock market investments are subject to market risks. Readers should conduct their own research and consult a SEBI-registered financial advisor before making any investment decision.