Cipla to Bajaj Finserv - Jay Thakkar suggests three stocks to buy or sell for short-term in F&O segment
The Sensex declined by 721.08 points, or 0.88%, closing at a low not seen in over a month at 81,463.09. At one point during the day, it dropped by 786.48 points, or 0.95%, reaching 81,397.69.
The Nifty 50 decreased by 225.10 points, or 0.90%, to a monthly low of 24,837. Analysts indicated that a weak performance in Asian and European markets also affected investor sentiment.
As per market analysts, Indian markets are likely to be influenced by the ongoing Q1 FY26 earnings season in the upcoming week, with numerous major firms preparing to disclose their results. Investors will be paying close attention to management discussions for insights on margin projections, sectoral developments, and more.
On a global scale, the uncertainty surrounding potential tariff actions from the Trump administration continues to foster caution across markets, particularly in sectors sensitive to trade. Nevertheless, there is growing optimism regarding the possible finalisation of the India–US trade agreement, which, if achieved, will draw significant interest from investors in the days ahead.
Nifty 50 closed well in the negative territory in the last trading session and by that it also closes the week on the negative side. Now we have the monthly close this week and the probability of the same being negative is higher if Nifty 50 continues to sustain below 25,000 levels.
Bank Nifty is consolidating between the range of 56,000 to 57,000 levels so it has yet not broken out from the range.
However the Nifty 50 seem to have broken the range on the lover side. The IV of Nifty 50 and Bank Nifty has been rising since the past couple of days indicating volatility ahead. The IV are still low in both Bank Nifty and Nifty 50 and IVP & IVR data indicates that IV are likely to expand hereon. so now on the upside utility 25,000 levels on Nifty 50 and 57,000 levels on Bank Nifty are not taken off the short term trend remains negative.
Jay Thakkar of ICICI Securities recommends Cipla Ltd, Bajaj Finserv Ltd, and BSE Ltd.
Cipla share price has broken out of its falling channel pattern, accompanied by a rise in Open Interest (OI), clearly indicating a long buildup. There is significant put writing at the ₹ 1,500 strike, suggesting strong support at that level. Call writing is visible at ₹ 1,600 which is our first target.The stock is currently trading well above its max pain point of ₹ 1,520, indicating a positive bias and potential upside in the near term.
BSE share price is forming a lower top–lower bottom structure, indicating a bearish trend. This is supported by an increase in Open Interest (OI), suggesting a short buildup. Additionally, the Max Pain is at ₹ 2,500, which aligns with resistance and further supports the bearish bias.
Bajaj Finserv share price has given a breakdown from a triangle pattern, indicating a negative bias and weakness near the ₹ 2,000 mark, which also aligns with the Max Pain level, indicating strong resistance at that level, further strengthening the bearish outlook.
Disclaimer: The Research Analyst or his relatives or I-Sec do not have actual/beneficial ownership of 1% or more securities of the subject company, at the end of 25/07/2025 or have no other financial interest and do not have any material conflict of interest.
The views and recommendations provided in this analysis are those of individual analysts or broking companies, not Mint. We strongly advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and individual circumstances may vary.
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