Today's stock market: Eight stocks to buy or sell on Tuesday; trade setup for the Nifty 50 to the India-Pakistan conflict

As the benchmark Nifty 50 index concluded the week with gains of 1.2% at 24,328.50, the markets got off to a great start. While the majority of other indices, including auto, metals, pharmaceuticals, oil, and gas, saw significant advances, the Bank Nifty recovered nicely, rising 1.41% to 55,432.80. It ended in the red, though. Additionally, broader indices did well, rising 0.9–1.6%. Tuesday's Trade Setup

In addition to reversing the recent short-term bearish trend, a sustained move above 24400 for the Nifty will also signal a significant upswing into the next resistance level, which is located between 24600 and 24800 in the near future. According to Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities, immediate support is set at 24050 levels.

According to Bajaj Broking, a sustained advance for the Bank Nifty above Monday's high of 55,577 might lead to additional upside in the upcoming sessions toward the 56,200 and 56,800 levels.