Stocks to Watch: Trading Strategies for Atul, Bharat Forge, Jammu and Kashmir Bank, IOC, Voltas, Laurus Labs, Godrej Properties, and Other Key Constituents on March 2.

Market Update

February 27, 2026

The Nifty 50 benchmark index declined 1.25% amid subdued market breadth, with 1,921 shares experiencing selling pressure compared to 975 advancing shares on the NSE.

Short-Term Trading Ideas

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Atul

• CMP: Rs 6,674
• Strategy: Buy
• Target: Rs 7,100, Rs 7,200
• Stop-Loss: Rs 6,300 Atul has been in a secular uptrend, with a higher high formation and a 'Flag' pattern formation on the daily chart. A rounding bottom formation has also been observed, indicating a bullish trend.

Pidilite Industries

• CMP: Rs 1,492
• Strategy: Buy
• Target: Rs 1,560, Rs 1,580
• Stop-Loss: Rs 1,415 Pidilite Industries has rebounded from its strong demand zone and surged above its 20 and 50 DEMA. The MACD histogram portrays a bullish reversal signal on the daily timeframe, indicating a potential rally.

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Yatharth Hospital & Trauma Care Services

• CMP: Rs 709.55
• Strategy: Buy
• Target: Rs 765, Rs 780
• Stop-Loss: Rs 660 Yatharth Hospital has demonstrated a V-shaped recovery and surged above the 50 percent Fibonacci retracement of the recent fall. The technical parameters are strongly aligned with the price action, indicating a potential rally.

Bharat Forge

• CMP: Rs 1,911.2
• Strategy: Buy
• Target: Rs 2,050, Rs 2,160
• Stop-Loss: Rs 1,800 Bharat Forge has delivered a powerful breakout to fresh all-time highs, decisively clearing the multi-year resistance zone. The stock remains firmly above its key moving averages, indicating a robust and well-structured uptrend.

Jammu and Kashmir Bank

• CMP: Rs 121.39
• Strategy: Buy
• Target: Rs 130, Rs 140
• Stop-Loss: Rs 115 Jammu and Kashmir Bank has delivered a decisive breakout from a prolonged consolidation phase, surging past the crucial Rs 118 resistance. The stock has reclaimed its 20, 50, and 100-day SMAs, restoring its broader bullish structure.

Indian Oil Corporation

• CMP: Rs 187.47
• Strategy: Buy
• Target: Rs 200, Rs 215
• Stop-Loss: Rs 180 Indian Oil Corporation has staged a strong recovery, decisively clearing the key multi-year resistance at Rs 183. The stock is trading comfortably above its key moving averages, reinforcing the prevailing bullish bias.

Chennai Petroleum Corporation

• CMP: Rs 961.95
• Strategy: Buy
• Target: Rs 1,000, Rs 1,020
• Stop-Loss: Rs 940 Chennai Petroleum has delivered a decisive breakout from a 65-day bullish cup-and-handle formation, supported by a sharp volume surge. The stock is expected to continue its upward trend.