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Economic Times
18-06-2025
- Business
- Economic Times
Stocks to buy today: Indus Towers, Tata Elxsi among 6 trading ideas for 18 June 2025
Live Events 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 (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel The Indian market is likely to consolidate on Wednesday, tracking mixed global Nifty50 index closed 93 points lower at 24,853 on Tuesday. Indian VIX fell nearly 3% to close at 14.40 in the previous daily Relative Strength Index (RSI) has eased to 52, down from recent peaks, suggesting a loss of momentum but not a reversal yet. Meanwhile, MACD remains in negative crossover mode, reflecting the consolidation the Nifty50 is holding above the 20-day SMA at 24,830, but failed to reclaim the 25,000 zone, which continues to act as a stiff hurdle.'The price action is largely sideways within a narrow band, showing indecision post the recent recovery,' Om Mehra, Technical Research Analyst, SAMCO Securities, said.'The immediate support is seen at 24,700, followed by 24,650. On the upside, the 25,000-25,170 range remains a key resistance band; a close above this level may revive bullish sentiment,' he Nifty Bank ended the session at 55,714.15, down 0.41% on Tuesday, forming a mild bearish candle after facing resistance near the 56,000 Target Rs 572| Stop Loss Rs 545Buy| Target Rs 787| Stop Loss Rs 738Buy| Target Rs 411| Stop Loss Rs 382Buy| Target Rs 1990| Stop Loss Rs 1920Buy| Target Rs 6800| Stop Loss Rs 6250Buy| Target Rs 4770| Stop Loss Rs 4560: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)


Time of India
18-06-2025
- Business
- Time of India
Stocks to buy today: Indus Towers, Tata Elxsi among 6 trading ideas for 18 June 2025
The Indian market is likely to consolidate on Wednesday, tracking mixed global cues. The Nifty50 index closed 93 points lower at 24,853 on Tuesday. Indian VIX fell nearly 3% to close at 14.40 in the previous session. The daily Relative Strength Index (RSI) has eased to 52, down from recent peaks, suggesting a loss of momentum but not a reversal yet. Meanwhile, MACD remains in negative crossover mode, reflecting the consolidation phase. Technically, the Nifty50 is holding above the 20-day SMA at 24,830, but failed to reclaim the 25,000 zone, which continues to act as a stiff hurdle. 'The price action is largely sideways within a narrow band, showing indecision post the recent recovery,' Om Mehra, Technical Research Analyst, SAMCO Securities, said. 'The immediate support is seen at 24,700, followed by 24,650. On the upside, the 25,000-25,170 range remains a key resistance band; a close above this level may revive bullish sentiment,' he added. The Nifty Bank ended the session at 55,714.15, down 0.41% on Tuesday, forming a mild bearish candle after facing resistance near the 56,000 zone. 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 Chambal Fertilisers & Chemicals Ltd: Buy| Target Rs 572| Stop Loss Rs 545 Asahi India Ltd : Buy| Target Rs 787| Stop Loss Rs 738 Indus Towers Ltd : Buy| Target Rs 411| Stop Loss Rs 382 Expert: Kunal Bothra, Market Expert told ETNow PB Fintech Ltd : Buy| Target Rs 1990| Stop Loss Rs 1920 Tata Elxsi Ltd : Buy| Target Rs 6800| Stop Loss Rs 6250 Supreme Industries Ltd : Buy| Target Rs 4770| Stop Loss Rs 4560 ( Disclaimer : Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times) ETMarkets WhatsApp channel )


Time of India
04-06-2025
- 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