Stock market analyst Vishwas Agarwal said that 17,150 is the crucial support for BSE, and above 17,350 the market is likely to have strong trading action with leadership of Reliance Industries and State Bank of India.

Mr. Agarwal said, “On Wednesday we have seen lot of accumulation in quality midcap stocks as a result of value buying and the interest of retail investors, which is strong signal for coming days.”

He has recommended a few stocks for trading in today’s session. The different stock options include NIIT Technologies, Escort, Hind Oil Exploration, Satyam Computera and Unitech.

These all options are good for trading with nominal stop loss.

It is wise to track performance of global markets before taking any action, Mr. Vishwas added.