As Indian markets prepare for another action-packed week, renowned technical analyst Ganesh Dongre from Anand Rathi Shares and Stock Brokers has identified three compelling stocks that show promising technical setups for Monday, November 3, 2025.
Market Outlook and Technical Perspective
According to Dongre's expert analysis, the current market sentiment remains cautiously optimistic with specific sectors showing strong momentum patterns. His recommendations come after thorough technical evaluation of price movements, volume trends, and key support-resistance levels.
Top Three Stock Picks for Monday Trading
First Recommendation: Banking Sector Gem
Dongre's analysis highlights a prominent banking stock that's demonstrating a classic breakout pattern. The stock has recently surpassed its crucial resistance level with substantial volume support, indicating strong bullish momentum. Technical indicators suggest this could be the beginning of a significant upward move.
Second Pick: Infrastructure Powerhouse
The second recommendation focuses on an infrastructure company that's showing remarkable resilience in the current market environment. The stock has formed a solid base and is now approaching key resistance levels with improving technical parameters. Dongre believes this stock has the potential for substantial gains in the short to medium term.
Third Selection: Auto Ancillary Champion
Completing the trio is an auto ancillary stock that's displaying strong relative strength compared to its sector peers. The technical charts reveal a consolidation pattern that's likely to resolve upward, supported by positive momentum indicators and increasing institutional interest.
Strategic Trading Insights
Dongre emphasizes the importance of proper position sizing and risk management when considering these recommendations. He suggests that traders should:
- Enter positions at appropriate levels with clear stop-losses
- Monitor key technical levels for exit signals
- Consider the overall market context before taking positions
- Maintain discipline in profit booking strategies
Why These Stocks Stand Out
What makes these three stocks particularly interesting is their combination of strong technical setups and favorable sector tailwinds. Each pick represents a different segment of the market, providing diversification benefits while capitalizing on specific sectoral strengths.
The banking stock benefits from improving credit growth and stable interest rate expectations, while the infrastructure play aligns with the government's continued focus on capital expenditure. The auto ancillary selection rides on the recovery in automobile demand and export opportunities.
Expert Credentials and Track Record
Ganesh Dongre, Senior Manager of Technical Research at Anand Rathi, brings years of experience in technical analysis and market forecasting. His recommendations are closely followed by retail and institutional investors alike, known for their methodological approach and risk-aware perspective.
Disclaimer: Stock market investments are subject to market risks. Readers are advised to consult with their financial advisors before making any investment decisions. The recommendations are based on technical analysis and current market conditions, which may change rapidly.
