Share Market Today: Trading Setup for Nifty 50 to India-Pakistan conflict; Eight shares to buy or sell on Monday | Einsmark news

Ofstock Market Today: During the week ended April 25, 2025, the criterion Nifty-50 index week on week increased 0.8% to finish at 24,039,35. The Bank Nifty also achieved 0.6% to 54,664.05, while it supported the most important site by Auto Realty and Pharma. FMCG was one of the most important loser. Nevertheless, the broader indices rose 0.80% to 1.7%. Trade setup for Monday as long as the Nifty 50 index trade below 24100, the correction wave can continue to 23800 and 23700. Conversely, a violation over 24100 can change the market sentiment and up to 24400-24500, says Amol Athawale, VP-Technical Research, Kotak Securities. For the Bank Nifty, 55000 is the trend level for short -term traders, he added. Global Markets and Q4 results The upcoming holiday shortened week is also the beginning of a new month. As monthly car sales data are watched on the macro economic front, investors will carefully detect the Index of Industrial Production (IIP) and the HSBC manufacturing of PMI final data. Meanwhile, geopolitical developments between India and Pakistan will remain on the radar, says Ajit Mishra – SVP, Research, Religare Broking Ltd. The corporate earnings of companies – including BPCL, IOC, Kotak Mahindra Bank, SBI, Bajaj Finance, TVS car, and Ultratech Cement – have set up to release the week. Worldwide, updates related to rates and trade will also be closely watched. India-Pakistan conflict Siddhartha Khemka, research head management at Motilal Oswal, said: “Geo-political developments between India and Pakistan could add volatility to the Indian market over the next few days. Shares to buy Sumeet Bagadia, executive director at Choice Broking today, recommended two shares for today. Ganesh Dongre, senior manager of technical research at Anand Rathi, suggested three shares, while Shiju Koothupalakkal, senior manager – technical research, gave three shares at Prabhudas Lilladher. Sumeet Bagadia’s shares choose Cholamandalam Financial Holdings Ltd- Bagadia recommends that you buy Cholamandalam Financial at £ 1978, and hold a bump at £ 1900 for a target price of £ 2111. Cholahldng shows a strong bullish momentum, is evident in a significant upward movement A strong buy of interest, the stock showed a constant higher highs and higher lows, a classic pattern of a strong yield. The trading volume during upward price movements was particularly significant, strengthening the strength of the rally. 2. Thyrocare Technologies Ltd-Bagadia recommends that you buy Thyrocare Technologies at £ 889 to keep stop loss at £ 858 for a target price of £ 950 Thyrocare is currently at £ 889, showing a strong upward momentum. The stock shows an impressive turnaround on the cards because it is a fresh upside rally after a strong exposition of the earlier congestion zone. After spending the past few sessions in a sideways to the affirmative phase, the counter crossed decisively over multiple critical moving averages, indicating a renewed bullish momentum. Ganesh Dongre’s shares to buy today -3. Indian Energy Exchange Ltd – Dongre recommends you buy Indian Energy Exchange Ltd at £ 190, and holds Stoposs at £ 184 for a target price of Rs 198. In the short -term trend analysis, IEX shows a strong bullish setup. On the daily chart, the stock formed a bullish swollen pattern, indicating a possible turnaround after a recent correction. In addition, IEX stops above its short-term moving averages, further strengthening the bullish view. The share currently offers an important support at £ 184 and offers a buying opportunity at £ 190. Traders can search for an upside move to £ 198, which holds a stop loss at £ 184 to manage the risk effectively. 4. Jindal Saw Ltd-Dongre recommends that Jindal SAW Ltd buy at £ 255 and hold a standstill at £ 250 for a target price of £ 264. Similarly, Jindal SAW also showed a positive turnaround on his daily chart. The stock formed a morning star pattern, which is a reliable bullish turnaround after a downward phase. Jindal SAW respects his 20-day EMA, which indicates that fresh buying interests return to lower levels. With a strong support zone of around £ 250, the share is favorably positioned for a £ 255 purchase, with the aim of being a target of £ 264. A protective stop loss must be maintained at £ 250. 5 ITC LTD – DNGRE recommends that you buy ITC at £ 426 and hold a standstill at £ 418 for a target price of £ 435. ITC has displayed a hammer chandelier formation near the important support area, suggesting that the recent sales pressure suggests. The stock also keeps far above its 50-day ema, which adds further conviction for the bullish setup. With the current market price of around £ 426 and firmly supported at £ 418, a buying opportunity emerges for a possible move to £ 435. Traders are advised to keep a stop loss at £ 418 to protect against unexpected drawbacks. Shiju Koothupalakkal’s intraday shares for today 6. Archean Chemical Industries Ltd Koothupalakkal recommends that buying Archean Chemical Industries Ltd around £ 656.70 for a target of £ 692 to keep stop loss at £ 640. The stock has seen a decent boom lately and after a short period of consolidation, the bias once again improved with a positive bullish candlestick that was past the 200-period MA at £ 646, further strengthening the trend. With the RSI indicating strength, it can continue with the positive movement. With the chart that looks technically good, we suggest buying the stock for an upward target of £ 692, which holds the stop loss of £ 640 level. 7. Hexaware Technologies Ltd -Koothupalakkal recommends that you buy Hexaware Technologies at around £ 704.85 for a target price of £ 740 to hold stop loss: 688. sessions. The RSI indicated that there is a positive reversal of the oversold zone and is currently well placed with very upside potential visible, to continue with the positive move further forward. With the chart that looks technically good, we suggest buying the stock for an upward target of £ 740 level, with the stop loss of £ 688. 8 Delhivery Ltd -Koothupalakkal recommends that you buy delhivery at around £ 304.90 for a target price of £ 320, which holds a halt. The stock recently indicated that a strong retreat of the £ 238 zone is moving past the important level of 50 EMA at £ 273 to improve the prejudice, and currently with the undertone strongly maintained with a bullish Christmas pattern, we expect for further rise in the coming days. With the RSI indicating strength, we expect the further increase in the stock with the current rate to have a lot of upside potential. With the card that looks good, we suggest you buy the stock for an upward target of £ 320, which holds the stop loss of £ 297 level. Disclaimer: The views and recommendations given in this article are those of individual analysts. This does not represent the views of coin. We advise investors to check with certified experts before making investment decisions. First published: 28 Apr 2025, 06:16 AM IST