The Nifty index ended lower on Wednesday, primarily affected by declines in IT and FMCG sectors, breaking its three-day upward trend. Technical analysis from Rupak De, Senior Technical Analyst at LKP Securities, indicates a bearish crossover in the index, with support levels at 24,200 and potential resistance at 24,600. He notes that while the short-term sentiment remains positive, the index is showing signs of waning bullishness. Analysts recommend purchasing Adani Green Energy Limited at ₹1,199 with a target of ₹1,280-₹1,320 and a stop-loss at ₹1,148. The stock has shown a significant breakout above a resistance zone, although it is currently in an overbought condition. Additionally, HBL Engineering Limited is suggested for buying at ₹816, targeting ₹900-₹950 with a stop-loss at ₹780. The stock is showing early signs of a trend reversal, having bounced from a demand zone and is attempting a breakout above a trendline.