Ganesh Dongre of Anand Rathi Recommends 3 Stocks to Buy

 

Ganesh Dongre of Anand Rathi Recommends 3 Stocks to Buy on Monday, August 17, 2026

Summary

Ganesh Dongre, Senior Manager of Technical Research at Anand Rathi, has been a regular source of short-term technical stock ideas amid the ongoing US-Iran geopolitical uncertainty. His recent recommendations have focused on stocks showing technical strength while the broader market remains sensitive to crude oil prices, global risk sentiment and foreign fund flows.

Note: I could not verify a published August 17, 2026 article containing Dongre's exact three stock recommendations from reliable indexed sources. The most recent verified recommendation I found was for July 27, 2026, when he recommended Jindal Steel, Wipro and Lodha Developers.

Description

• Analyst: Ganesh Dongre, Senior Manager – Technical Research, Anand Rathi
• Focus: Short-term technical trading opportunities
• Market backdrop: Indian equities remain vulnerable to volatility from the US-Iran conflict and elevated crude oil prices.
• Nifty 50: Dongre's recent outlook has favoured a buy-on-dips approach while key support levels hold.
• Key resistance: The 24,500–24,600 zone has been an important technical hurdle in his recent analysis.
• Key support: The 23,700–23,800 area has acted as an important demand zone.
• Trading strategy: Investors should closely monitor price action around support and resistance before taking fresh positions.

Key Highlights

• Jindal Steel: Buy at ₹1,040; target ₹1,100; stop loss ₹1,000.
• Wipro: Buy at ₹175; target ₹195; stop loss ₹165.
• Lodha Developers: Buy at ₹1,145; target ₹1,190; stop loss ₹1,120.
• Dongre's recent analysis suggests that technical support levels remain crucial as geopolitical uncertainty keeps markets volatile.
• A sustained Nifty move above 24,600 would be a significant bullish technical trigger, according to his July outlook.
• Investors should consider crude oil, US-Iran developments, FII flows and global market cues before acting on short-term stock calls.

Disclaimer: The stock recommendations and price levels above reflect the analyst's previously published views and are not a fresh August 17 call. They are provided for informational purposes only and should not be treated as investment advice.