Delhivery, Timken India, Eicher Motors, Finolex Cables, IndusInd Bank Among Stocks to Watch on February 27

Indian Equity Market Report - February 26, 2026

Market Performance

The Indian equity market closed flat on February 26, with the Nifty 50 advancing by 14 points. Market breadth was nearly neutral, with approximately 1,481 shares gaining and 1,440 shares under pressure on the NSE.

Short-Term Trading Ideas

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Delhivery

• Current Price: Rs 442.35
• Target: Rs 458, Rs 472
• Stop-Loss: Rs 421.2
• Strategy: Buy
• Rationale: Delhivery has staged a strong rally and is currently in a consolidation phase. Momentum and trend indicators are positive, suggesting further upside continuation.

Timken India

• Current Price: Rs 3,358.2
• Target: Rs 3,575, Rs 3,755
• Stop-Loss: Rs 3,074
• Strategy: Buy
• Rationale: Timken India has broken out above a resistance trendline and is trading above key EMAs. Momentum and trend indicators are bullish, indicating continuation potential.

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Yes Bank

• Current Price: Rs 21.04
• Target: Rs 19.4, Rs 18.6
• Stop-Loss: Rs 21.7
• Strategy: Sell
• Rationale: Yes Bank has formed a bearish flag-and-pole pattern and is trading below key EMAs. Momentum and trend indicators confirm ongoing weakness.

Eicher Motors

• Current Price: Rs 8,190
• Target: Rs 8,570
• Stop-Loss: Rs 7,870
• Strategy: Buy
• Rationale: Eicher Motors has formed a strong pole-and-flag continuation pattern and is trading above key EMAs. The breakout from the flag pattern signals trend continuation.

Finolex Cables

• Current Price: Rs 873.35
• Target: Rs 940
• Stop-Loss: Rs 838
• Strategy: Buy
• Rationale: Finolex Cables has delivered a decisive breakout from a falling trendline and is trading above key EMAs. The breakout above the Rs 838 zone confirms strength and shifts the short-term structure to bullish.

Netweb Technologies India

• Current Price: Rs 3,697.6
• Target: Rs 4,100
• Stop-Loss: Rs 3,500
• Strategy: Buy
• Rationale: Netweb Technologies has delivered a decisive breakout from a falling trendline and is trading above key EMAs. Price action continues to maintain a higher high–higher low formation, indicating sustained trend strength.