Best stocks -recommendations today: Marketsmith India's best choices for April 30

Copyright © HT Digital Streams Limit all rights reserved. Markets Marketsmith India 3 min Read 30 April 2025, 05:30 am ist Best onslaught to buy today: Marketsmith India recommends two shares for April 30. Summary Best Stocks -Recommendations: Discover Marketsmith India’s expert top choices for Wednesday 30 April. Get insights on the best performing stocks and make informed investment decisions. Tuesday, Nifty 50 was volatile due to mixed clues. Positive sentiment stems from strong FPI inflow and optimism about a potential US Indian trade agreement. This led the profits, supported by stable earnings and renewed world -technical optimism. However, the pressure of metal and pharmaceutical stocks, and geopolitical tensions between India and Pakistan, compensates some of the profits. Technical resistance of about 24,400 has also added to the intraday hijacking, and bound the index range, despite bullish undercurrents. Also read: TVS motor posts 75% profit growth, but the concerns about capital allocation persist two stock recommendations by Marketsmith India for April 30: Tube Investments of India Ltd. (Current price: £ 2,797,5) Why it is recommended: Strong and diversified business portfolio, focused growth strategies: Keymetric: P/ £ 405.03 CRore Technical Analysis: Recycle its 50-DMA risk factors: exposure to cyclical industries, intense market competition Buy: £ 2,797.5 Three Months Stop Loss: £ 2,680 Buy: Beml (Current Price: £ 3,211) Why It Is Recommended: Robust Offer Book and Revenue Praise, Collection, Defense Extension and Aeronautics Key Statistics: P/E: 49.44, 52-Week High: £ 5.488, Volume: Risk factors: dependence on government orders, raw material price flight grade buy at: £ 3.211 How NIF/3,700 stops in three months: £ 2.980 How Nify NIF is April Nifty 50 saw volatile trading on Tuesday, but managed to finish flat, stay more than 24,300 and continue its return. Despite the intraday hijacking, the index held, which strengthened bullish undertones. A small, ‘doji’ candles formed on the daily map, reflecting the market decisive amid profit discussion at higher levels. Broad market indices and most sectors supported the relocation, although metals and pharmaceutical decline. The pre-expine ratio flattened about 1: 1. Also read: Ultratech cement for higher volumes, tighter grip on cost technical, Nifty remains above its 200-DMA, with the RSI maintaining its upward prejudice and remains MACD positive, indicating a constant bullish momentum. According to O’Neil’s methodology of market direction, Nifty50 moved from a ‘rally attempt’ to a ‘confirmed upward trend’. Despite the volatility, the market sentiment remained optimistic. Intraday returns suggested higher levels, which is cautious in the short term. A break over 24,400 can push the index to 24,700–24,900, while supporting at 24,000-23.900. An offense can cause a short -term correction. How did Nifty Bank perform? Nifty Bank was volatile on Tuesday, but finished flat at 55.391 and held in the recent upward momentum. The index traded within a narrow series throughout the day, with price action forming a small clumsy candle with a long upper fuse – a sign of selling pressure at higher levels. Sectoral components have shown mixed performance, which is an indication of continuous consolidation within the bank space. From a technical point of view, Bank Nifty still trades above all major moving averages, confirming the broader bullish structure. The RSI on the daily map remains in the positive zone, while the MACD remains above the signal line and retains its bullish crossover. Despite the light weakness of the day, the underlying trend remains intact. Also read: Why Lodha is optimistic in the midst of slowdown fear according to O’Neil’s methodology of market direction, Nifty Bank has passed from an ‘upward pressure under pressure’ to a ‘confirmed upward’. The prospects of Nifty Bank remain positive above the most important support of 54,500. Immediate resistance is at 56,000, and an exposition above can drive a rally to 57,500–58,000. In the disadvantage lies the most important support in the series of 54,500–54,000. The bullish trend is likely to continue as long as the index is above 54,000. Marketsmith India is a stock research platform and advisory service that focuses on the Indian stock market. It provides instruments and resources to help investors make informed decisions based on the Can Slim methodology, founded by legendary investor William J. O’Neil. You can get access to a free ten -day trial period by registering on its website. Brand name: William O’Neil India Pvt. Ltd. SEBI REGISTRATION NO .: INH000015543 DISCLAIMER: The views and recommendations given in this article are those of individual analysts. This does not represent the views of coin. 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