Daily Trading Desk: 2 trades for short term gains, first a finance pick for 4% rise, a capital stock for 6% upmove

The market experienced a downturn as the Nifty 50 index slipped into negative territory, closing with a net loss of 122.65 points. Bajaj Finance is showing signs of a potential breakout, while Elgi Equipment has broken out from a downward trendline, indicating a possible price rise. Both stocks are being closely watched for their next moves.