Latest news with #JatinGedia
Time of India
5 days ago
- Business
- Time of India
Stocks to buy today: Bharat Forge, Saregama among top 3 trading ideas for 4 June 2025
Indian markets are expected to open higher on Wednesday, buoyed by positive global cues. Nifty futures fell 0.69% on Tuesday, closing at 24,654, while India VIX dropped over 3%. Technical indicators suggest resistance at 24,750–24,850 and support at 24,200. A Bearish Engulfing pattern on the Sensex signals caution. Experts recommend stocks like Bharat Forge, Saregama, and Metropolis for short-term trades. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads (Expert: Jatin Gedia – Technical Research Analyst at Sharekhan by BNP Paribas, shared with ET Bureau) The Indian market is likely to trade higher on Wednesday, tracking positive global futures closed lower on Tuesday, declining 0.69% to 24,654. Meanwhile, India VIX fell over 3% to end at 16.56, indicating easing the options front, the maximum Call open interest (OI) is at the 25,000 and 25,500 strike prices, while the maximum Put OI is at the 24,600 and 24,500 writing was observed at the 24,600 and 25,000 strikes, while Put writing was seen at 24,300 and 24,550.'Options data suggests a broader trading range between 24,200 to 25,100 zones, with an immediate range between 24,300 to 24,800 levels,' said Chandan Taparia, Analyst – Derivatives at Motilal Oswal Financial Services 'Nifty50 settled with a loss of approximately 180 points on Tuesday, closing below its key support at the 20-day exponential moving average (20 DEMA),' he added.'Unless Nifty50 moves above 24,650, it may witness further profit booking towards 24,400 and then 24,200. Hurdles are seen at 24,750 and 24,850 levels,' Taparia the daily chart, the BSE Sensex formed a bearish candle along with a Bearish Engulfing pattern on Tuesday, signaling weakness and sustained selling pressure at higher Bank also formed a bearish candle on the daily chart, with some profit booking from higher levels, though it continues to trade well above its 20 | Target: Rs 1,315 | Stop Loss: Rs 1,247Buy | Target: Rs 595 | Stop Loss: Rs 540Buy | Target: Rs 1,765 | Stop Loss: Rs 1,680
Economic Times
21-05-2025
- Business
- Economic Times
Stocks to buy or sell today: City Union Bank, GAIL among top 4 trading ideas for 21 May 2025
The Nifty futures ended in the red on Tuesday, declining by 0.78% to settle at 24,782 levels. Meanwhile, India VIX edged up slightly to close at 17.38 in the previous session. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads We have collated stocks from various experts for traders who have a short-term trading horizon: Expert: Jatin Gedia – Technical Research Analyst at Sharekhan by BNP Paribas told ETBureau F&O Strategy – The Indian market is likely to consolidate on Wednesday, tracking mixed global Nifty future closed negatively with a loss of 0.78% at 24,782 levels on Tuesday. India VIX rose marginally to close at 17.38 in the previous the options front, the maximum Call OI is placed at 25,000 and then towards 25,100 strikes, while the maximum Put OI is placed at 24,000 and then towards 24,500 writing is seen at 25,000 and then towards 24,800 strikes while Put writing is seen at 24,500 and then towards 24,300 strikes.'Options data suggests a broader trading range in between 24,300 to 25,200 zones while an immediate range between 24,500 to 24,900 levels,' Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited, said.'Further, the index has been forming lower highs for the last three trading sessions, indicating a cautious undertone in the market. It formed a bearish candle on the daily chart on Tuesday and closed the day near its day's low,' he added.'Now till Nifty50 holds below 24,850 zones, profit booking could be seen towards 24,550 then 24,444 zones while hurdles can be seen at 24,850 then 25,000 zones,' recommended Bank formed a bearish candle on the daily scale on Tuesday as selling pressure was seen at higher Target Rs 203| Stop Loss Rs 189Buy| Target Rs 1265| Stop Loss Rs 1200Buy| Target Rs 203| Stop Loss Rs 186UPL (May FUT): Sell| Target Rs 610| Stop Loss Rs 645
Time of India
07-05-2025
- Business
- Time of India
Stocks to buy today: Tata Steel, Maruti among top 6 trading ideas for 7 May 2025
Markets are expected to consolidate on Wednesday amid India-Pakistan tensions. Nifty futures closed lower at 24,415, with India VIX rising over 3%. Options data suggests a broad trading range of 23,800–24,800. Analysts recommend stocks like Tata Steel, Maruti, ICICI Bank, and United Spirits for short-term trades, while cautioning that Nifty must hold above 24,400 to regain momentum. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Stocks to watch for short-term trading, as per expert recommendations: Expert: Jatin Gedia – Technical Research Analyst, Sharekhan by BNP Paribas (to ET Bureau) Expert: Kunal Bothra – Market Expert (to ET Now) Tired of too many ads? Remove Ads The Indian market is expected to consolidate on Wednesday amid rising geopolitical tensions between India and Tuesday, Nifty futures closed lower by 0.56% at 24,415. India VIX , a gauge of market volatility, rose over 3% to close at 19 in the previous the options front, the maximum Call Open Interest (OI) is seen at the 24,500 and 25,000 strike prices, while the maximum Put OI is at 24,400 and 24,000 writing was observed at the 24,400 and 24,500 levels, while Put writing was seen at 24,400 and 24,200.'Options data suggests a broader trading range between 23,800 and 24,800 zones, with an immediate range between 24,100 and 24,600,' said Chandan Taparia , Analyst–Derivatives at Motilal Oswal Financial Services 'Nifty formed a bearish candle on the daily chart on Tuesday, closing with losses of around 80 points. The index has been forming lower highs for the past two sessions,' he added.'For strength to return, the index needs to cross and sustain above the 24,400 zone, which could take it toward 24,650 and then 24,750. On the downside, support is seen at 24,200 and then at 24,050,' Taparia | Target: Rs 150 | Stop Loss: Rs 141Buy | Target: Rs 12,950 | Stop Loss: Rs 12,360Buy | Target: Rs 2,721 | Stop Loss: Rs 2,585Buy | Target: Rs 1,485 | Stop Loss: Rs 1,400Buy | Target: Rs 1,880 | Stop Loss: Rs 1,800Buy | Target: Rs 1,620 | Stop Loss: Rs 1,555
Time of India
23-04-2025
- Business
- Time of India
Stocks to buy today: Infosys, Sun Pharma among top 6 trading ideas for 23 April 2025
The Indian stock market is expected to open higher on Wednesday, supported by positive cues from global markets. Nifty futures ended in the green on Tuesday, posting a modest gain of 0.12% to settle at 24,164 levels. Meanwhile, India VIX declined by 1.8%, closing at 15.23 in the previous session. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads We have collated stocks from various experts for traders who have a short-term trading horizon: Expert: Jatin Gedia – Technical Research Analyst at Sharekhan by BNP Paribas told ETBureau Expert: Kunal Bothra, Market Expert told ETNow The Indian market is likely to trade higher on Wednesday, tracking positive global Nifty future closed positively with gains of 0.12% at 24164 levels on Tuesday. India VIX fell 1.8% to close at 15.23 in the previous the options front, the maximum Call OI is placed at 24,200 and then towards 24,500 strikes while the maximum Put OI is placed at 24,000 and then towards 24,100 writing is seen at 24,200 and then towards 24,400 strikes, while Put writing is seen at 24,000 and then towards 24,100 strikes.'Options data suggests a broader trading range in between 23,500 to 24,500 zones while an immediate range between 23,800 to 24,300 levels,' Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited, said.'Nifty formed a Doji sort of a candle on the daily frame on Tuesday and has been making higher lows from the last eight trading sessions,' he added.'Now the index has to hold above 24,050 zones for an up move towards 24,350 then 24,500 levels while supports can be seen at 24,000 and then 23,850 level,' recommended Target Rs 368| Stop Loss Rs 344Buy| Target Rs 1787| Stop Loss Rs 1727Buy| Target Rs 2455| Stop Loss Rs 2375Buy| Target Rs 1446| Stop Loss Rs 1408Buy| Target Rs 2500| Stop Loss Rs 2350Buy| Target Rs 455| Stop Loss Rs 424: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)
