The Nifty index experienced a positive close on Wednesday, buoyed by buying activity in the auto, FMCG, and IT sectors. According to Rupak De, a Senior Technical Analyst at LKP Securities, the index rallied above the 50 Exponential Moving Average (EMA) but could not maintain this position by the end of trading. However, it remained above the support level of 24,150, indicating potential for further movement. Analysts recommend buying Reliance Industries Limited (RIL) at a price range of ₹1,420-1,430, with a target of ₹1,500-1,520 and a stop-loss set at ₹1,382. The stock exhibits strong bullish momentum, supported by the Relative Strength Index (RSI) remaining above 60. Similarly, Coal India Limited is suggested for purchase at ₹475-480, targeting ₹510-520 with a stop-loss at ₹455. This stock also shows bullish characteristics, having broken above a key resistance level. Both stocks are seen as attractive buy opportunities as long as they maintain their current price structures.