The Indian stock market has shown a significant recovery, with the Nifty 50 and Sensex rising over 6% after a prolonged losing streak. This rebound has been fueled by positive global cues, particularly optimism surrounding a potential temporary ceasefire in the US-Iran conflict. Ganesh Dongre, Senior Manager of Technical Research at Anand Rathi, noted that the Nifty closed at 24,050.60, marking a 5.50% weekly gain. He emphasized the importance of a cautious approach, as geopolitical developments could greatly influence market trends. Dongre highlighted key support and resistance levels for the Nifty, with immediate support at 23,500–23,800 and resistance at 24,200–24,500. He recommended three stocks for investors: SRF at ₹2460-2470 with a target price of ₹2565, Bank of India at ₹147-148 with a target of ₹157, and Sai Life Sciences at ₹1003-1008 with a target of ₹1045. Investors are advised to remain vigilant and disciplined in their trading strategies amidst ongoing market volatility.