These large-caps have ‘strong buy' & ‘buy' recos and an upside potential of more than 20%
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Mint
23 minutes ago
- Mint
Stock market today: Trade setup for Nifty 50 and global markets, Q1 results today; Eight stocks to buy or sell on Monday
Stock Market Today: For the week ending 25 July 2025, the benchmark Nifty-50 index, at 24,837.00, ended almost half a percent lower. The Bank Nifty at 56,528.90, however, managed to end marginally higher, and the Healthcare index was another key gainer, though Realty, FMCG, and IT were the key losers. In the broader indices. Among the broader markets, however, the mid-cap and small-cap indices suffered sharper losses of 1.85% to 3.51%. The zone of 24600-24550 will act as immediate support for the Nifty-50 index. Any sustainable move below the level of 24550 will lead to further correction up to the 24200 level. On the upside, the zone of 25100-25150 will be the crucial hurdle for the index, said Sudeep Shah, Vice President and Head of Technical and Derivative Research, SBI Securities. For Bank Nifty 57300-57400 continues to act as a formidable barrier for the bull, as per Shah The start of the new month will bring attention to key economic data, including Industrial Production (IIP), HSBC Manufacturing PMI, and monthly auto sales. The scheduled expiry of the July derivatives contracts may add further volatility to the markets. As the earnings season progresses, results from heavyweights such as IndusInd Bank, Asian Paints, NTPC, Tata Steel, Hindustan Unilever, Mahindra & Mahindra, Maruti Suzuki, Sun Pharma, ITC, and others will be tracked for insights on sectoral resilience and corporate performance. Globally, traders will focus on the U.S. Fed's interest rate decision and GDP growth numbers, along with updates on trade negotiations ahead of Trump's August 1 tariff deadline, which could impact FII flows, said Ajit Mishra, SVP, Research, Religare Broking. Regarding stocks to buy today, market experts—Sumeet Bagadia, Executive Director at Choice Broking; Ganesh Dongre, Senior Manager of Technical Research at Anand Rathi; and Shiju Koothupalakkal, Senior Manager of Technical Research at Prabhudas Lilladher—recommended these eight intraday stocks for today: Torrent Pharmaceuticals Ltd., Syrma SGS Technology Ltd., National Aluminium Company Ltd., Marico Ltd., Shyam Metalics and Energy Ltd., Laxmi Organic Industries Ltd. and Tourism Finance Corporation of India Ltd. 1. Torrent Pharmaceuticals Ltd- Bagadia recommends buying TORNTPHARM at around ₹ 3605, keeping Stoploss at ₹ 3480 for a target price of ₹ 3880 TORNTPHARM is exhibiting strong bullish momentum, currently trading at an all-time high of 3613.9 levels. TORNTPHARM surged nearly 2.4%, indicating firm buying interest throughout the session. TORNTPHARM has convincingly broken past a multi-month consolidation zone, decisively crossing its resistance zone around ₹ 3555. The price action indicates strength, with candles exhibiting a strong bullish body and minimal upper wick—suggesting buyers remained in control throughout the day. 2. Syrma SGS Technology Ltd-Bagadia recommends buying SYRMA at around ₹ 728.15, keeping stop-loss at ₹ 700 for target price of ₹ 785 SYRMA, currently trading at 728.15, continued its stellar upward journey. This rally marks a decisive breakout above the previous resistance zone, with a sharp bullish candle and strong volume backing the move. Notably, the 20 EMA is sharply rising, and the distance between it and the other moving averages is increasing—indicating strong momentum and price expansion. This kind of EMA alignment, where shorter-term EMAs are significantly above longer-term EMAs, 3. National Aluminium Company Ltd—Dongre recommends buying Nationalum at ₹ 194, keeping Stop Loss at around ₹ 185 for a target price of ₹ 205 Stock has been exhibiting a strong and consistent bullish pattern, indicating sustained investor interest and positive price momentum. The stock is currently trading at ₹ 194 and has established a solid support base at ₹ 185. This level has historically acted as a cushion, and the recent price action suggests a reversal from this support, reinforcing bullish sentiment. The technical setup points to the potential for a price retracement toward the ₹ 205 level in the near term. Given the renewed strength and the favorable risk-reward ratio, entering at the current market price with a stop-loss placed at ₹ 185 offers a strategic opportunity to capture the expected upside move. The outlook remains positive as long as the stock holds above its key support zone 4. DLF Ltd-Dongre recommends buying DLF at around ₹ 826 with a stop loss at ₹ 810 for a target ₹ 865 Stock has exhibited a strong, notable, continued bullish pattern, offering another promising opportunity for short-term traders. The stock is currently priced at ₹ 826 and maintaining strong support at ₹ 810. The technical setup indicates the potential for a price retracement towards the ₹ 865 level. With the stock reversing from a support base and showing signs of renewed strength, entering at the current market price with a stop-loss at ₹ 810 offers a prudent approach to capturing the anticipated upside. 5. Marico Ltd—Dongre recommends buying MARICO at around ₹ 695, with a stop loss ₹ 710 and a target price ₹ 735 Stock has exhibited a strong, notable, continued bullish pattern, offering another promising opportunity for short-term traders. The stock is currently priced at ₹ 695 and maintaining strong support at ₹ 685. The technical setup indicates the potential for a price retracement towards the ₹ 720 level. With the stock reversing from a support base and showing signs of renewed strength, entering at the current market price with a stop-loss at ₹ 685 offers a prudent approach to capturing the anticipated upside. 6. Shyam Metalics and Energy Ltd.- Koothupalakkal Buy SHYAM METALLIC for ₹ 969, with a target price of ₹ 1030, keeping the stop loss at around ₹ 950 The stock has surged ahead, indicating a breakout above the major resistance zone at the ₹ 952 level, with the trend gaining strength, and we can anticipate a further rise in the coming days. The volume of participation has been on the rise with the RSI gaining strength and has further upside potential to carry on with the positive move. With the chart technically looking good, we suggest buying the stock for an upside l. 7. Laxmi Organic Industries Ltd- Koothupalakkal Buy LAXMI ORGANICS at ₹ 205.70. Target for 217 Stop loss: 200 The stock has recently picked up from the 50EMA zone at the ₹ 196 level to indicate a breakout above the triangular pattern on the daily chart to improve the bias, and we expect a continuation of the positive move further ahead in the coming sessions. The RSI has been moving within a range for quite some time, currently indicating a positive trend reversal to signal a buy. With the chart technically looking attractive, we suggest buying the stock. 8. Tourism Finance Corporation of India Ltd.-Koothupalakkal recommends TOURISM FINANCE at around ₹ 291.50 for a target price of ₹ 310 for stop loss at ₹ 285 The stock has witnessed a strong run up in the last 4 months and recently, after a short period of correction, has once again gained strength, taking support near the ₹ 275 level, and with a positive bullish candle formation, has improved the bias, anticipating a further rise in the coming sessions. The RSI has indicated strength to gain further, and with the chart technically looking good, we suggest buying the stock. Disclaimer: The views and recommendations above are those of individual analysts or brokerage companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
an hour ago
- Mint
Best stocks to buy today, as recommended by Raja Venkatraman for 28 July
A constant turbulence held its grip on the markets as there was no clarity on the indices. The stock-specific action that we were noticing has now stepped up, leading to the trading-oriented behaviour. The market scenario clearly indicates that investors are still waiting by the sidelines. Here are three stocks to buy or sell, as recommended by Raja Venkatraman of NeoTrader for Monday, 28 July. Best stocks to buy today—28 July PUNJABCHEM: Buy CMP and dips to ₹1,260 | Stop: ₹1,250 | Target: ₹1,460-1,520 AUTOAXLES: Buy CMP and dips to ₹1,860 |Stop: ₹1,845 | Target: ₹2,075-2,130 GREENPANEL: Buy CMP and dips to ₹302 | Stop: ₹298 | Target: ₹355-370 The stock market on Friday, 25 July Benchmark equity indices tumbled on Friday as growing uncertainty over the prospective India-US trade deal, with an 1 August deadline looming, dented market sentiment. By 11:30 am, the BSE Sensex was trading at 81,692.58, down 491 points, or 0.60%, having earlier slumped to an intraday low of 81,405.83—a drop of 778 points. The NSE Nifty followed suit, slipping below the 24,900 level to trade at around 24,930, off 169 points, or 0.68%, and hitting an early low of 24,806.35. Within the Sensex pack, only Bharti Airtel, Sun Pharma, and Tata Consultancy Services managed modest gains, while Bajaj Finance, Bajaj Finserv, Zomato, PowerGrid, and Infosys featured among the day's worst performers. Broader markets witnessed a steeper decline: the Nifty Midcap 100 fell 1.12% to 58,303.25, and the Nifty Smallcap index slid 1.53% to 18,400.60. With the trade-deal deadline drawing near, investors are adopting a cautious stance, awaiting clarity on tariff negotiations. Outlook for trading Despite the best intention to revive from lower levels the trends have been very fragile. Repeated attempts to head higher have been met with supplies, which is preventing a possible revival. The inability of the market trends to clearly hold on to indicate any direction has forced us to take a retreat as far as the bullish trends are concerned. The intermittent stock-specific action is not able to drive up sufficient momentum. We are noting that the trends are extremely pressured and this could lead to some sustained selling pressure in the coming week. As we now enter the expiry week the focus is shifting to the rollover activity that shall attract some buildup as anticipation for a recovery steps up. Now, we could shift our attention to upcoming corporate earnings in the coming month to help the prices rebound. Until then, there is no specific trigger. Higher timeframe charts are clearly indicating that the trends are now caught in a bearish overhang, especially the Nifty, which could push the market to close the current series below 25,000. The sharp rise seen in June came to an abrupt end since the start of the July series. Since then, the broader indices are making heavy weather about the recovery. As we wrap up this series, trends are not consistent and we are now moving in a neutral-to-negative setup. The bias, though muted, is still trying to salvage the bullish bias. The Open Interest is signalling that the PCR continues to be above 1 for Nifty, indicating that there is a strong defence of lower levels, and 25,000, which is the maximum pain point, will definitely be under contention. We have a huge short build-up of Puts at 25,000, which continues to highlight the defence against the selling pressure that persists at the moment. Some encouraging signs of global cues not giving up could help stem the pressure to go past 25,000, which has now turned into a resistance zone as we head into the current week. As no clarity exists even at this juncture, one should refrain from limiting short position at current levels or on rally towards 25,200 as the momentum is clearly divided. Three stocks to trade, recommended by NeoTrader's Raja Venkatraman PUNJABCHEM: Buy CMP and dips to ₹1,260 | Stop: ₹1,250 | Target: ₹1,460-1,520 AUTOAXLES: Buy CMP and dips to ₹1,860 |Stop: ₹1,845 | Target: ₹2,075-2,130 GREENPANEL: Buy CMP and dips to ₹302 | Stop: ₹298 | Target: ₹355-370 Raja Venkatraman is co-founder, NeoTrader. His Sebi-registered research analyst registration no. is INH000016223. Investments in securities are subject to market risks. Read all the related documents carefully before investing. Registration granted by Sebi and certification from NISM in no way guarantees performance of the intermediary or provide any assurance of returns to investors. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before making any investment decisions.
Economic Times
an hour ago
- Economic Times
Nifty resistance seen at around 25,500 levels: Analysts
Live Events Agencies (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel The Nifty closed below the 25,000 level on Friday after declining almost 1%, and this weakness is likely to continue in the short term, said analysts. While levels around 24,500 are expected to act as key support for the benchmark, resistance is likely around the 25,200–25,500 zone. VIX levels could also see an uptick, especially closer to the monthly expiry. However, pharma stocks could continue their upward TECHNICAL RESEARCH, MONARCH NETWORTH CAPITALThe benchmark index traded with a negative bias and closed below the psychological 25,000 level with a bearish formation. Bank Nifty outperformed the benchmark index and closed with an indecisive candlestick formation on the weekly chart. FIIs have continued to add shorts on index futures, and their net short positions have reached 86%. Historically, the market has witnessed a short-covering rally once shorts reach the 86-89% zone. Traders can expect volatile momentum in all indices during the monthly expiry week. Nifty has support at 24,500 and resistance at 25,200–25,500 levels. Bank Nifty has support at 56,000 and resistance at 57,200–58,000 has seen outperformance in last two weeks and may continue its outperformance. Biocon is the top pick; Cipla and Syngene are in accumulation zone. RIL has reached near weekly support level; investors can accumulate at current levels. Jindal Steel and Power may continue upward momentum. Nifty Defence index has broken below a key support level; HAL and Mazagon Dock Shipbuilders have closed with bearish candlestick formation, and a rally is a short-selling opportunity. Investors can look to accumulate Capri Global Capital, Saksoft, RACL Geartech, and NLC India at current EQUITY TECHNICAL & DERIVATIVE RESEARCH, CENTRUM BROKINGThe Nifty extended its losing streak for the fourth consecutive week. It faced strong resistance near its 21-DMA, currently around 25,300, which remains a key hurdle. It breached the support level of 25,000, which aligns with its 50-DMA, and this zone is now expected to act as a resistance. A decisive move back above 25,000 could trigger short covering, pushing the index towards 25,200. For the week ahead, the Nifty is likely to trade within a range of 24,500–25,200. The VIX seems to have found support near its multi-month low around 10-mark and has started inching higher, suggesting potential rise in market the monthly expiry approaching, markets are expected to remain volatile in coming week. We recommend focusing on stock-specific and sectoral opportunities rather than broader index moves. We are seeing sectoral rotation, with market focus shifting back towards defensive segments. The Pharma Index is exhibiting strength by forming a higher top–higher bottom structure, indicating positive short-term trend. Stocks such as Lupin, Cipla, Torrent Pharma, and Apollo Hospitals look well-positioned and can be considered for accumulation. In the insurance space, SBI Life and HDFC Life appear better placed. The IT sector is weighing down indices. The overall structure remains weak. As such, it is advisable to stay away from the sector for now. Additionally, oil & gas and FMCG sectors are also showing signs of weakness and lack nearterm TECHNICAL RESEARCH, MOTILAL OSWAL FIN SERVICESAfter an 18% rally from the April lows, Nifty has entered a corrective phase this July. Index closed the week below its 50-DEMA, and the RSI on daily and weekly charts continues to show a negative crossover. The index is expected to trade within a range of 24,600–25,250, and a decisive breakout above will be needed for resumption of uptrend. In case of a breakdown below 24,600, next support lies in previous swing low zone of 24,500–24, and smallcap indices remain in a consolidation phase. Most sectoral indices are showing signs of a pause or pullback. We continue to advise short-term traders to stay cautious. Pharma and healthcare could outperform, and selective opportunities can be considered in Torrent Pharma, IPCA Labs, and Max Health
