Stock to buy for the short term: The Indian stock market ended with healthy gains on Monday, February 16, on short-covering after the recent selloff. The stock is reclaiming its 20 and 50-day EMAs, with scope to challenge the 200-day EMA, suggesting gradual bullish realignment. The stock price is consistently trading above the 20 EMA and 50 EMA, both of which are sloping upward, reflecting strengthening bullish momentum. The stock price is trading firmly above the 20 and 50 EMA, and has reclaimed the 100 and 200 EMA, suggesting a transition into a sustained uptrend. The recent breakout is supported by strong bullish candles and improving volume spikes on upward moves, highlighting fresh buying interest.

Source: Mint February 17, 2026 09:26 UTC