Technical analysis: Two Trades for Today: A power distribution major for almost 8% surge, a mid-cap capital goods stock for close to 6% upmove

The markets continued to consolidate in a defined range before ending Tuesday with a minor gain. The Nifty opened higher and surged further in the first minutes of the session as it formed the high point of the day. After that, the Nifty came off its high point and spent the rest of the session trading in a capped range. While continuing to stay in a sideways trajectory, the headline index closed with a gain of 24.75 points (+0.10%).This power

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