Indian market remained volatile on Monday but managed to recoup losses and closed with minor gains. The Nifty50 closed above 18100 levels.

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Sectorally, buying was seen in healthcare, FMCG, consumer durables, and IT stocks while selling was seen in metals, telecom, and energy stocks.

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Stocks that were in focus include Metropolis Healthcare that closed with gains of nearly 8 per cent, Apollo Hospitals ended with gains of nearly 9 per cent, and Thermax ended with gains of over 6 per cent.

Here's what Jatin Gohil, Technical Analyst at Reliance Securities, recommends investors should do with these stocks when the market resumes trading today:

Metropolis Healthcare: Buy

The stock surpassed its previous top of 3,240 with strong volumes and positive price momentum. It has given a breakout from its W pattern holding its medium-term averages over the past 4 months.

We believe that the current up move can extend further for a higher target of 3,600 levels over the next few weeks.
 
Apollo Hospitals: Buy on dips

The stock closed just 1 per cent away from its all-time high and gained by 9 per cent on the back of strong results and follow-up breakout.

RSI has moved higher to 82 levels after a consistent up move over the past 2 weeks from the lower range of 4000 levels.

We expect the stock to scale a new 52 week high and expect some time correction over the next few days.

Any decline near to last week close of 4,660 would be a good opportunity to add for a target of 5,600 levels.

Thermax: Book Profits

A strong outperformance in price on the back of strong results and breakout of its confluence of averages over the past 3 trading sessions.

Price momentum and volume will dry up over the next few weeks after a sharp-up move as witnessed in the past.

Short-term traders should book profits at current levels and wait for the decline to enter.

(Disclaimer: The views/suggestions/advice expressed here in this article are solely by investment experts. Zee Business suggests its readers to consult with their investment advisers before making any financial decision.)