Latest news with #AakashHindocha
Economic Times
a day ago
- Business
- Economic Times
Stocks to buy today: Paytm, Swiggy among top 5 trading ideas for 2 June 2025
Nifty may consolidate with a positive bias; key support at 24,444, upside seen above 24,800. The Indian market is expected to consolidate with a positive bias on Monday amid mixed global cues. Nifty futures closed lower at 24,852 on Friday, while India VIX dropped over 2%. Analysts suggest a broader trading range of 24,300–25,300. Key levels to watch are 24,800 for upside momentum and 24,444 on the downside. Experts recommend stocks like Paytm, Swiggy, and Bajaj Finserv. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Stock Recommendations for Short-Term Traders Expert: Aakash Hindocha, Technical Analyst, Research at Nuvama Wealth (via ETBureau) Expert: Kunal Bothra, Market Expert (via ETNow) Tired of too many ads? Remove Ads The Indian market is likely to consolidate with a positive bias on Monday, tracking mixed global Nifty futures closed lower with a loss of 0.36% at 24,852 on Friday. India VIX fell over 2% to close at 16.08 in the previous the options front, the maximum Call open interest (OI) is seen at the 24,800 and 25,000 strike prices, while the maximum Put OI is at 24,500 followed by 24, writing was observed at 24,800 and 25,500 strikes, while Put writing was seen at 24,400 and 24,000 strikes.'Options data suggests a broader trading range between 24,300 to 25,300 zones, with an immediate range between 24,500 to 25,000,' said Chandan Taparia, Analyst – Derivatives at Motilal Oswal Financial Services 'On the technical front, Nifty formed an inside bar pattern on both the daily and weekly charts last week, reflecting indecision and a narrowing price range,' he added.'Now, it has to cross and hold above the 24,800 zone for an upward move towards 25,000 and then 25,200. Otherwise, weakness could be seen towards 24,600 and then 24,444,' Taparia the weekly scale, Nifty Bank formed a small bullish candle on Friday and posted its highest weekly close in five | Target: Rs 985 | Stop Loss: Rs 852Buy | Target: Rs 366 | Stop Loss: Rs 320Buy | Target: Rs 2,060 | Stop Loss: Rs 1,990Buy | Target: Rs 240 | Stop Loss: Rs 215Buy | Target: Rs 155 | Stop Loss: Rs 143: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)
Time of India
3 days ago
- Business
- Time of India
Stocks to buy today: Paytm, Swiggy among top 5 trading ideas for 2 June 2025
Nifty may consolidate with a positive bias; key support at 24,444, upside seen above 24,800. The Indian market is expected to consolidate with a positive bias on Monday amid mixed global cues. Nifty futures closed lower at 24,852 on Friday, while India VIX dropped over 2%. Analysts suggest a broader trading range of 24,300–25,300. Key levels to watch are 24,800 for upside momentum and 24,444 on the downside. Experts recommend stocks like Paytm, Swiggy, and Bajaj Finserv. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Stock Recommendations for Short-Term Traders Expert: Aakash Hindocha, Technical Analyst, Research at Nuvama Wealth (via ETBureau) Expert: Kunal Bothra, Market Expert (via ETNow) Tired of too many ads? Remove Ads The Indian market is likely to consolidate with a positive bias on Monday, tracking mixed global Nifty futures closed lower with a loss of 0.36% at 24,852 on Friday. India VIX fell over 2% to close at 16.08 in the previous the options front, the maximum Call open interest (OI) is seen at the 24,800 and 25,000 strike prices, while the maximum Put OI is at 24,500 followed by 24, writing was observed at 24,800 and 25,500 strikes, while Put writing was seen at 24,400 and 24,000 strikes.'Options data suggests a broader trading range between 24,300 to 25,300 zones, with an immediate range between 24,500 to 25,000,' said Chandan Taparia, Analyst – Derivatives at Motilal Oswal Financial Services 'On the technical front, Nifty formed an inside bar pattern on both the daily and weekly charts last week, reflecting indecision and a narrowing price range,' he added.'Now, it has to cross and hold above the 24,800 zone for an upward move towards 25,000 and then 25,200. Otherwise, weakness could be seen towards 24,600 and then 24,444,' Taparia the weekly scale, Nifty Bank formed a small bullish candle on Friday and posted its highest weekly close in five | Target: Rs 985 | Stop Loss: Rs 852Buy | Target: Rs 366 | Stop Loss: Rs 320Buy | Target: Rs 2,060 | Stop Loss: Rs 1,990Buy | Target: Rs 240 | Stop Loss: Rs 215Buy | Target: Rs 155 | Stop Loss: Rs 143: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)
Economic Times
19-05-2025
- Business
- Economic Times
Stocks to buy today: D-Mart, DLF among top 3 trading ideas for 19 May 2025
Indian markets made a sharp rebound on Thursday after hitting the day's low. Buying action across sectors was seen but most prominent action was in auto, IT and bank stocks. While the BSE Sensex surged 1200.18 points or 1.5% to close at 82,530.74, the broader Nifty was shot-up by 395.20 points or 1.6% to end the day at 25,062.10. Commenting on the day's action, Rupak De, Senior Technical Analyst at LKP Securities said that the recent consolidation breakout, along with a move above the swing high, has increased the probability of the index reaching 25,690 in the short term though he sees immediate resistance is placed at 25,360, above which further upside potential may be unlocked. On the downside, 24,400 is expected to act as strong support in the short to medium term, De said, adding that a decisive break below this level could cause the ongoing rally to lose momentum. "Until then, a buy-on-dips strategy is likely to remain effective," he opined. Here are 2 stock recommendations for Friday: Indian markets may consolidate on Monday amid mixed global cues. Nifty futures closed flat, while India VIX dropped over 2%. Analysts see a broader range of 24,500–25,500, with support at 24,850. Bank Nifty hit a record high, indicating bullish momentum. Experts recommend buying D-Mart, DLF, and Exide Industries for short-term gains. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Stocks to Watch for Short-Term Traders Tired of too many ads? Remove Ads Expert: Aakash Hindocha, Technical Analyst – Research, Nuvama Wealth (as told to ETBureau) The Indian market is likely to consolidate on Monday, tracking mixed global futures closed marginally higher on Friday with gains of 0.01%, settling at 25,081. Meanwhile, India VIX declined over 2% to close at 16.55, indicating a drop in market the options front, the highest Call open interest (OI) is seen at the 25,500 and 25,100 strike prices, while the maximum Put OI is placed at 25,000 and 24,500 writing is observed at 25,500 and 25,000 strikes, whereas Put writing is active at 25,000 and 24,700 levels.'Options data suggests a broader trading range between 24,500 and 25,500, with an immediate range seen between 24,850 and 25,250,' said Chandan Taparia, Analyst–Derivatives at Motilal Oswal Financial Services 'On the daily chart, Nifty50 formed a small-bodied candle on Friday, indicating a pause after the recent sharp up-move,' he recommends that Nifty must hold above the 24,900 zone to advance towards 25,200 and then 25,400 levels. On the downside, support is seen at 24,850 and then 24, closed above its previous range at 24,400, boosted by news of a ceasefire between India and Pakistan, propelling the index to a fresh 6-month high.'After last week's 4.2% rally, the index is now headed towards 25,230 and 25,440 levels, provided it sustains above 24,750,' said Aakash Hindocha, Technical Analyst – Research, Nuvama Wealth.'Any dips near 24,850 should be viewed as a buy-on-dips opportunity for the above-mentioned targets,' he Nifty closed at a record high on the weekly charts on Friday and also registered a short-term bullish flag breakout on the daily chart.'Dips below 55,000 are likely to attract buying interest, with an immediate upside target of 56,200. Key support is seen at 54,400,' Hindocha | Target: Rs 4,550 | Stop Loss: Rs 4,040Buy | Target: Rs 777 | Stop Loss: Rs 685Buy | Target: Rs 424 | Stop Loss: Rs 381
Time of India
19-05-2025
- Business
- Time of India
Stocks to buy today: D-Mart, DLF among top 3 trading ideas for 19 May 2025
The Indian market is likely to consolidate on Monday, tracking mixed global cues. Nifty futures closed marginally higher on Friday with gains of 0.01%, settling at 25,081. Meanwhile, India VIX declined over 2% to close at 16.55, indicating a drop in market volatility. On the options front, the highest Call open interest (OI) is seen at the 25,500 and 25,100 strike prices, while the maximum Put OI is placed at 25,000 and 24,500 strikes. Call writing is observed at 25,500 and 25,000 strikes, whereas Put writing is active at 25,000 and 24,700 levels. 'Options data suggests a broader trading range between 24,500 and 25,500, with an immediate range seen between 24,850 and 25,250,' said Chandan Taparia, Analyst–Derivatives at Motilal Oswal Financial Services . 'On the daily chart, Nifty50 formed a small-bodied candle on Friday, indicating a pause after the recent sharp up-move,' he added. Taparia recommends that Nifty must hold above the 24,900 zone to advance towards 25,200 and then 25,400 levels. On the downside, support is seen at 24,850 and then 24,700. Nifty closed above its previous range at 24,400, boosted by news of a ceasefire between India and Pakistan, propelling the index to a fresh 6-month high. 'After last week's 4.2% rally, the index is now headed towards 25,230 and 25,440 levels, provided it sustains above 24,750,' said Aakash Hindocha, Technical Analyst – Research, Nuvama Wealth. 'Any dips near 24,850 should be viewed as a buy-on-dips opportunity for the above-mentioned targets,' he added. Bank Nifty closed at a record high on the weekly charts on Friday and also registered a short-term bullish flag breakout on the daily chart. 'Dips below 55,000 are likely to attract buying interest, with an immediate upside target of 56,200. Key support is seen at 54,400,' Hindocha recommended. Stocks to Watch for Short-Term Traders Expert: Aakash Hindocha, Technical Analyst – Research, Nuvama Wealth (as told to ETBureau) D-Mart: Buy | Target: Rs 4,550 | Stop Loss: Rs 4,040 DLF: Buy | Target: Rs 777 | Stop Loss: Rs 685 Exide Industries: Buy | Target: Rs 424 | Stop Loss: Rs 381 ( Disclaimer : Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of The Economic Times)
