
Highest-Conviction Momentum Stock – Paresh Gordhandas Power Calls
Persistent Systems Ltd combines consistent business growth, strong capital efficiency and positive technical momentum. The stock closed at Rs. 5,898 on 14 October,

Persistent Systems Ltd combines consistent business growth, strong capital efficiency and positive technical momentum. The stock closed at Rs. 5,898 on 14 October,

Bank Nifty shows stabilisation signals without a confirmed bullish reversal. Neutral RSI and stochastic readings contrast with negative MACD and bearish moving-average crossovers.

SBI enters the next session with weak broader momentum but tentative short-term stabilisation. The stock is marginally above its five-day and ten-day averages, while negative MACD and bearish moving-average crossovers limit confidence in a sustained recovery.

HMA Agro is a trigger-based momentum opportunity above Rs. 27, with Rs. 22 stop loss and Rs. 29/Rs. 31 targets. Follow the stated profit-booking discipline,

Gold’s session range spans Rs. 2,994, reflecting substantial selling pressure from the opening high. The latest traded price is not established here; assess triggers against live quotations for the same MCX contract.

Nifty 🟢 22,721.95; positive opening cues, with breadth and opening-range confirmation essential
Bank Nifty 🟡 55,481.05; banking participation will determine whether early gains can sustain

Gift Nifty stood at 22,756.50, up 1.49%, at 7:46 AM on October 14, 2026. The contract opened at 22,765, touched a high of 22,779, and recorded a low of 22,736.
