24800 NIFTY TARGET
Buy every dip, markets have turned a corner; 2 trading calls for near-term gains: CA Rudramurthy BV
India's stock market shows a fundamental shift, with analysts advising investors to buy on dips as negative news is now ignored. The Nifty is projected to reach 24,800-25,000, driven by strong sector performance and returning FII buying. Traders are also presented with specific near-term opportunities in Varun Beverages and GNFC.
Nifty has a bit of momentum, but faces resistance at 24,300-24,700
Dalal Street's recent rebound is gaining strength. Technical signals indicate a shift from a corrective phase to a sustained uptrend. Improving momentum and selective buying are supporting this move. However, the market faces crucial resistance zones. Analysts are watching closely to see if the recovery can overcome these challenges and establish a firm upward trajectory.
Nifty headed to 24,800 next; Vinay Rajani names CG Power and Pidilite as top trading picks
Vinay Rajani of HDFC Securities believes the Indian market rally has further to go, identifying 24,000-24,100 as a buying opportunity on dips, with 24,800 as the next target. He highlights broad market participation and sector rotation as key strengths. Rajani also recommends CG Power for its power sector breakout and Pidilite Industries for its FMCG reversal pattern.
Nifty under pressure; 23,000 break sparks further concern: Analysts
Geopolitical tensions in West Asia are expected to cause continued downward trends and sharp swings in Nifty this week. Analysts suggest Nifty could fall to the 22,500–22,400 zone if it remains below 23,000. Investors are advised to watch for key support levels around 21,900–21,700. Trading strategies and top stock picks for the week are also provided.
Nifty risks a fall to 24,000 if 24,300 support breaks: Analysts
Geopolitical tensions are expected to keep the Nifty volatile next week, with the index hovering near a key support zone. Analysts suggest a bearish outlook below 24,700, targeting 24,000, while a move above 24,800 is needed for sentiment stabilization. Trading strategies include a Bear Put Spread and selective stock picks.
Traders stay guarded as Nifty turns range-bound, support at 25,100 zone
Nifty faces a range-bound week after failing to breach 26,000. Analysts anticipate cautious trading with support seen at 25,300 and resistance at 25,700-26,000. Traders are advised a wait-and-watch approach. Key stock picks include Bajaj Finance, Torrent Pharma, Tata Motors Passenger Vehicles, Dr. Reddy’s Laboratories, L&T, and Pricol, offering potential trading opportunities.
- Go To Page 1
Nifty clings to 24,800 support as markets await breakout; AB Capital, Adani Ports among top picks
The Indian equity market remains range-bound, with Nifty facing support at 24,600–24,800 and resistance near 25,000. Momentum is weak despite positive cues. Traders are advised to focus on select sectors and resilient stocks like AB Capital and Adani Ports, using appropriate stop losses for short-term trades.
Nifty has strong support near 24,700; time for buy on dips: Analysts
Nifty is expected to be volatile, finding support near 24,700. A breakout above 25,150 could lead to 25,300-25,500, while a drop below 24,800 may take it to 24,600. Analysts suggest buying on dips, focusing on banking, auto, IT, pharma, and consumer stocks, anticipating market buoyancy due to positive cues.
2 top stock recommendations from Rajesh Palviya for next week
Entering the August expiry week, Nifty faces a supply zone at 25,000–25,200, with potential consolidation above 24,800. Bank Nifty appears weaker, needing to surpass 55,500 to avoid further decline. Auto stocks, particularly Hero MotoCorp, Bajaj Auto, and Maruti, show promise amid positive sector trends. Cipla and Maruti are recommended buys, targeting 1,650 and 14,800–15,000 respectively.
Stocks to buy or sell today: Biocon, Voltas among 7 trading ideas for 15 July 2025
Indian market is expected to consolidate, mirroring mixed global signals, with Nifty futures closing negatively. Option data indicates a trading range between 24,600 and 25,600. Experts recommend buying Biocon, LIC Housing Finance, Marico, Prestige Estates, Ambuja Cements, and Voltas, while suggesting selling Tata Motors for short-term gains.
Stocks to buy today: M&M, Grasim among 6 trading ideas for 25 June 2025
Indian market is poised for a Wednesday surge, mirroring positive global trends. Nifty futures closed higher, while India VIX signals growing investor confidence. Option data suggests a trading range between 24,600 and 25,500. Experts recommend buying TVS Motor, Grasim, M&M, Indian Bank, Britannia, and ICICI Lombard, setting specific targets and stop-loss levels for short-term gains.
Stocks to buy today: BPCL, Maruti among 8 trading ideas for 19 June 2025
Indian market is expected to open lower, mirroring global trends, with Nifty futures indicating a negative start. Option data suggests a trading range between 24,300 and 25,300. Experts recommend buying Amber Enterprises, Astral Ltd, Cyient, D-Mart Future, Eicher Motors, BPCL, Maruti Suzuki India, and RBL Bank for short-term gains, providing specific targets and stop-loss levels.
Stocks to buy today: HCL Tech, MCX among 7 trading ideas for June 17, 2025
The Indian market is expected to consolidate on Tuesday amid mixed global cues. Nifty futures ended Monday with a 1.09% gain at 24,998. Options data indicates a broader range of 24,450–25,450, with immediate support and resistance at 24,750–25,150. Technicals remain positive as Nifty formed a bullish candle, breaking the lower highs–lower lows pattern of previous sessions.
Volatility to persist across markets amid unstable technical structure: Rajesh Palviya
Nifty is consolidating between 24,500 and 25,200, with 25,000 acting as resistance. Bank Nifty underperforms, potentially falling to 55,000 if it breaks 55,500. Crude oil prices are spiking due to geopolitical tensions, with $76-$78 as the next hurdle and support at $68; a break above $78 could lead to $86-$88.
Stocks to buy today: MCX, Britannia among top 5 trading ideas for 6 June 2025
Indian markets may consolidate on June 6 amid mixed global cues. Experts suggest buying MCX, Britannia, Brigade Enterprises, Hindustan Zinc, and UltraTech Cement Futures for short-term gains. Nifty50 must hold 24,700 for upward momentum towards 25,100, with support at 24,500. Options data indicates a broader range between 24,300 and 25,300.
Stocks to buy today: Paytm, Swiggy among top 5 trading ideas for 2 June 2025
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.
Stocks to buy today: HPCL, Canara Bank among top 4 trading ideas for 29 May 2025
Indian market is expected to open positively, mirroring global trends. Nifty futures closed lower, but India VIX decreased. Option data suggests a trading range of 24,300-25,300. Experts recommend buying Deepak Fertilizers, HPCL, Canara Bank, Siemens, MFSL, Container Corp, and Union Bank of India with specified targets and stop losses for short-term gains.
Stocks to buy today: Tata Steel, KIMS among top 4 trading ideas for 22 May 2025
The Nifty futures ended Wednesday on a positive note, gaining 0.17% to close at 24,817 levels. Meanwhile, India VIX edged up by nearly 1%, settling at 17.55 in the previous trading session.
Nifty likely to advance towards 25,200-25,800: Analysts
Nifty is poised for further gains, driven by easing geopolitical concerns and robust FII inflows, targeting 25,200-25,800 if it holds above 24,800. Midcaps and smallcaps are outperforming, indicating strong risk appetite. Metal and PSU sectors show breakout potential, with specific stock recommendations including SAIL, Tata Steel, HDFC AMC, and Eternal.
Nifty & Bank Nifty positive in medium, short-term; buy on dips: Somil Mehta
Somil Mehta from Mirae Asset Sharekhan forecasts a continued uptrend for Nifty and Bank Nifty, setting immediate targets at 24,500 and 56,000, respectively. He highlights PSU banks like Bank of Baroda and Canara Bank as promising within the financial sector. Bajaj Auto and Federal Bank are his top stock picks, with specific stop-loss and target levels.
Tech view: Nifty closes below 100 DEMA; uptrend intact. How to trade tomorrow
According to Nagaraj Shetti of HDFC Securities, Nifty remains in an uptrend on long-term weekly charts, with further consolidation presenting a potential buy-on-dip opportunity. Key levels to watch include immediate support at 24,550 and overhead resistance at 24,800.
Stocks to buy today: HDFC Bank, L&T among top 9 trading ideas for 30 October 2024
The Indian market is expected to consolidate on Wednesday due to muted global cues. Experts have recommended buying specific stocks such as HDFC Bank, Tech Mahindra, JSW Steel, BEL, HDFC Life, Container Corp, L&T, LIC Housing Finance, and Bank of Baroda for short-term gains. Certain levels and strategies have been advised.
Stocks to buy or sell today: RIL, Tech Mahindra among top 9 trading ideas for October 24, 2024
Nifty futures closed down 0.21% at 24,487. Options data indicates a broader trading range of 24,000 to 24,800, with immediate levels between 24,200 and 24,600. Analysts suggest potential weakness below 24,500, targeting 24,350 and 24,200, while resistance is at 24,600 and 24,750.
Stocks to buy or sell today: SBI, Maruti among top 10 trading ideas for 22 October 2024
The Indian market is set to trade higher on Tuesday due to positive global indicators. Key levels for Nifty are identified between 24500 to 25300. Experts recommend buying Dr Reddy’s Laboratories, National Aluminum Company, SBI, Maruti Suzuki, and HDFC Life, while suggesting selling Coal India, REC Ltd, and Siemens.
Stocks to buy today: RIL, Cipla among top 6 trading ideas by experts for October 10, 2024
The Indian market is expected to consolidate on Thursday, influenced by mixed global cues. The Nifty futures experienced a slight decline of 0.05%, closing at 25,119. Key options data indicate maximum Call OI at 25,500 and 26,000 strikes, while maximum Put OI is at 24,000 and 24,500. Analysts suggest a broader trading range of 24,600 to 25,500, with immediate levels between 24,800 and 25,300.
Tech view: Nifty breaks crucial support, may slide to 24,500 level. How to trade tomorrow
Nifty formed a long bear candle, indicating a continuation of the downtrend. The positive chart pattern has been negated by Nifty moving below the 24,753 support level. The underlying trend remains negative, with support at 24,500-24,400.
Stocks to buy today: IRCTC, ONGC among top 10 trading ideas for 10 September 2024
The Indian market is expected to consolidate on Tuesday, influenced by mixed global cues. Nifty futures closed with a gain of 0.35% at 24,993 levels on Monday. Experts have recommended various stocks for short-term trading, including Britannia Industries, Havells India, and Dabur India among others. Options data suggests a broader trading range between 24,500 to 25,400 zones.
Stocks to buy today: REC, Castrol India among top 6 trading ideas for August 28, 2024
The Indian market is expected to consolidate on Wednesday with mixed global cues. Nifty futures fell 0.17% to 25,001. India VIX decreased to 13.70. Options data suggests a broader range of 24,600-25,500 and an immediate range of 24,800-25,300. Key support is at 24,900 and 24,800.
F&O stocks to buy today: IOC, Bharti Airtel among top 9 trading ideas for August 26, 2024
Analysts predicted a higher opening for the Indian market on Monday due to positive global cues. The Nifty futures ended with a 0.06% gain at 24,854. The options data pointed to a trading range between 24,600 to 25,000 levels. Among the recommended stocks were Samvardhana Motherson, Indian Oil, and Bharti Airtel.
Load More
