New Delhi, July 21 -- Stocks to buy for the short term: Market benchmark Nifty 50 ended lower on Monday, 20 July, touching an intraday low of 24,136 during the session. The index, however, pared losses and settled 0.39% lower at 24,238, respecting the support of 24,200.

Experts see it as a positive sign and believe that as long as the index remains above its 21-day EMA around 24,090, every dip is a buying opportunity.

"Despite closing in the red on Monday, positive texture is still intact as prices are finding strong buying from lower levels. As long as prices are trading above 21-day EMA, which aligns near 24090, every dip close to that level will provide an opportunity to create fresh long positions," said Vishnu Kant Upadhyay, AVP- R...