Stock market today [21 April 2025] : The benchmark Nifty -50 index ended with a profit of up to 4.5% week a week during the week ended on 17 April. While Bank Nifty received more than 6%, realty was also among artists, although IT and FMCG were the major loser. Extensive indices also received about 4%.
Business setup for Monday
The level of 23,500and 23,350 will serve as major support areas for the Nifty -50 index, while the resistance areas for the bull can be found between 24,000 and 24,200. However, if the market falls below 23,350, the spirit may change that amol athawale, VP-Technical Research, Kotak Securities.
Athavel said that bank is likely to continue for Nifty and the index can grow to about 54,500–55,000, with further reverse capacity, which can lift it up to 55,300.
Global market and Q4 results
In the coming week, all eyes will be on the report of Heavyweight like Infosys, HDFC Bank and ICICI Bank. Additionally, companies such as HCL Technologies, Axis Bank, Hindustan Unilever and Maruti have been scheduled to announce their quarterly results. On the front of derivatives, the expiration of the April series contracts may increase volatility. Globally, any updates related to tariffs and their possible impact on world markets will remain in focus, Jit Mishra – SVP, Research, Relhara Broking Ltd said.
Stock to buy today
Sumit Bagadia, Executive Director of Choice Broking, has recommended two stock pics for today. Ganesh Dongre, senior manager of technical research at Anand Rathi, suggested three shares, while Shiju Kutupalakkal, Senior Manager – Technical Research, Technical Research at Prabhudas Lilader has given two stock pics. SS Welthstruat founder Sugandha Sachdeva has today recommended selling a stock.
Stock Pix of Sumit Bagadia
Stock No 1. Max Financial Services Limited– Bagadia recommended to buy Max Financial Services Put 1218 at stoploss 1175 for target price of 1303
Max Financial Services is currently trading at 1218 levels, the chart is moving upwards on a daily chart, recovering significantly with its recent climps and breaking the previous consolidation levels. Stock is creating a sequence of high altitude and high climbing, indicating the speed of rapid speed.
Stock No 2. File (India) Limited– Bagadia advised to buy the victim Put a stop at Rs.1511 for the target price of 1566 1676
Affle is currently trading 1566, recently rebound from a major support area, was particularly taking support in the 200-day Exontessial Moving Average (EMA). The formation of a strong rapid candlestick on the daily chart, supported by the growing trading volume, suggests a possible purchase interest and a possible change in speed. In a technical perspective, the stock is trading above its 20-day, 50-day and 200-day EMA, indicating strength and alignment with the prevailing uptrend.
Ganesh Dongre’s stock to buy today
Stock No 3. Hague: Dongre advised to buy a hag Put on 480 stoploss 470 for the goal of 510
In recent short -term trend analysis of stocks, a remarkable and constant rapid pattern has surfaced. This technical pattern indicates the capacity of an extended retracement in the price of stock, which is likely to reach the target level of the rupee. 510. The stock currently holds an important major support level in the rupee. 470, which serves as a major marker for risk management.
Given the prevailing market conditions, traders are advised to consider taking a purchase position, which to capitalize on the speed of fast.
Also Check This: Stock to Watch: Jio Financial, HDFC Bank, ICICI Bank, Infosys, Jensol Engineering today between shares in focus
Stokc No 4. Punjab National BanK -Dongre recommended to buy Punjab National Bank (PNB) Keep 99 Stoploss 95 for target price of 105
In recent short -term trend analysis of stocks, a remarkable rapidly reversed pattern has surfaced. This technical pattern suggests the possibility of a temporary retracement in stock price, possibly reaching around 10 rupees. Currently, stock Rs. Maintaining a significant support level for Rs 9, which is the current market price of Rs 9, a purchase opportunity is emerging. This shows that investors may consider buying stocks at their current price, which expects an increase in the identified target of Rs.105.
Stock No 5. Tourism Finance Corporation Limited – Dongre advised to buy India’s Tourism Finance Corporation Put on 175 stoploss 168 for the target price of 185.
In recent short -term trend analysis of stocks, currently stock is in oversold zone. Looking at the daily chart, a remarkable rapidly reversed pattern has surfaced. This technical pattern suggests the possibility of a temporary retracement at the price of stock, potentially reaching around 185. Currently, the stock is maintaining a significant support level at Rs. 168. Given the current market value of the rupee. 175, a purchase opportunity is emerging. This shows that investors can consider buying stocks at their current price, which is Rs. There is a possibility of growth towards the identified target of 185.
Shiju Kuthupalakkal’s Intrade Stock for today
Stock No 6. CG Power and Industrial Solutions Limited– Kothupalakkal recommends buying CG power on nearby 619.80 for the target price of 655 to stop restriction 605
Stock is firmly recovered from the bottom near the level of 520 and has proceeded from 50MA at 614 levels to improve bias on daily charts with a positive candle formation and is estimated to increase further sessions. The RSI well indicates a positive trend reversal and has a very reverse ability to move forward with further positive steps. With the chart look good, we suggest purchasing stocks for an inverted target of 655, maintaining 605 level stop losss.
Stock No 7. Gujarat State Fertilizer and Chemistry Limited– Kothupalakkal advised to buy Gujarat State Fertilizer and Chemicals (GSFC) 193 for the target price of Prevent the ban on 205 188
Stock has indicated a breakout with the formation of a positive candle over the 187 zone, which has been moving from 50MA levels on 185 zones in the previous session in the previous session to improve prejudice and has the ability to move forward with positive steps. The RSI is well deployed and with a procurement signal confirmation, a very reverse is indicated strength with a possible view. With the chart technically looking attractive, we suggest purchasing stocks for an inverted target of 205 levels, maintaining a stop loss of 188 levels.
Stock No 8. IOL Chemicals and Pharmaceuticals Limited– Kothupalakkal recommends buying IOL chemicals on nearby 66.70 for the target price of 70 to stop stopping 65
Stock has seen an important positive step with huge amount of participation to go above the significant 50ma level at 66.40 on a daily chart to improve prejudice and expect further increase in coming sessions. RSI is growing and well indicates a positive trend reversed and has a very reverse capacity from the current rate. With the chart look good, we suggest purchasing stocks for the inverted target of 70 while maintaining a 65 -level stop loss.
Disclaimer: The views and recommendations given in this article are of individual analysts. They do not represent the ideas of Taaza Khabar 247. We recommend investors to investigate with certified experts before taking any investment decisions.
