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

The stock market today: The markets have started the new week on a strong note, as the benchmark Nifty 50 index ended with a 1.2% profit at 24,328.50. The bank Nifty dropped well and achieved 1.41% to 55,432.80, while most other indices, car, metals, pharmaceutical, oil and gas recorded an attractive profits. Only that ended in the red. Broader indices have also performed well, with a trade setup of 0.9-1.6% for Tuesday a sustainable move above 24400 for Nifty, will not only deny the recent short-term pattern, but also open sharply in the near term at the next resistance of about 24600-24800. Immediate support is placed at 24050 levels, according to Nagaraj Shetti, senior technical research analyst at HDFC Securities. A sustained move for Bank Nifty above Monday’s high of 55,577 could be further upside down to the 56,200 and 56,800 levels in the upcoming sessions, according to Bajaj Broking. World markets and Q4 results with Indian stocks witnessed by sustained buying interest, we expect the gradual stir in the market to continue with some volatility on the back of the geo-political developments. Meanwhile, the shares/sector -specific actions will continue due to the continued announcements of the Q4 earnings, says Siddhartha Khemka, Head – Research, Wealth Management, Motilal Oswal Financial Services Ltd. Key results Tuesday include Bajaj Finance, Bajaj Finserv, Trent, BPCL, Ambuja Cements, among others. 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. These include Tourism Finance Corporation of India Ltd, Paradeep Phosphates Ltd, Tata Motors Ltd, Tata Steel Ltd, Aditya Birla Capital Ltd, Garden Reach Shipbuilders & Engineers Ltd, Kaynes Technology India India India Ltd. Sumeet Bagadia’s Stock Pick. At £ 198.4, Stoposs holds at £ 191 for a Tarer Prize of £ 212. TFCILTD is currently trading on 198.40 and shows a strong bullish trend after a prolonged consolidation phase. The stock forms a series of higher highs and higher lows, strengthening the strength of the ongoing yield. A recent breakdown of the sideways range, accompanied by a significant increase in volume, highlights strong interest. It seems to develop a rounding bottom pattern, which is typically considered a bullish continuation formation. 2]Paradeep Phosphates Ltd-Bagadia recommends that paradeep phosphates buy at £ 148.94, and hold a stopping at £ 144 for a target price of £ 159. Paradeep is currently trading at 148.94 and maintains a strong upward track. The stock constantly formed higher heights and higher lows, reflecting the sustained bullish momentum. It also recently reached a high of 150.7. A break above this level can further accelerate the purchase interest. The exponential moving averages (EMAs) for the 20, 50, 100 and 200 day periods are all upwards, strengthening the bullish prospects. T Ganesh Dongre’s shares to buy today 3]Tata Motors Ltd-Dongre recommends you buying Tata Motors at £ 668 at £ 655 for a target price of 685 in the latest short-term technical analysis, Tata Motors showed a strong and consistent bullish trend, which indicates the potential for a raised upward move. The stock is currently trading at £ 668 and holds above a key support level at £ 655. This support zone serves as a critical point for risk management. Given the bullish momentum, traders are advised to consider a buying opportunity with a stop loss that is strategically placed on £ 655 to manage disadvantage risk. 4]Tata Steel Ltd- Dongre recommends you buying Tata Steel at £ 142, and holds a stoploss at £ 135 and the target price of £ 153 It has a significant bullish reversal pattern, which provides another promising opportunity for short-term traders. The share is currently priced at £ 68 and maintains a strong support for £ 135. The technical setup indicates the potential for a price hearing to the £ 153 level. With the reversal of a support base and signs of renewed strength, the current market price with a stop loss at £ 135 offers a wise approach to capture the expected upside. 5]Aditya Birla Capital Ltd – Dongre recommends that you buy ABCapital £ 199, and hold a Stopos at £ 194 for a target price of £ 207. ABCapital, the stock is currently trading at £ 199 and appears to be in an oversold zone in the short term. A bullish reversal pattern has emerged on the daily map, indicating a possible recovery of the recovery. The critical support level lies at £ 194, which also serves as an important stop loss for this trade. With running clues indicating a possible circumference of the £ 207 target, this setup provides a favorable access opportunity for traders who want to use a technical setback. Shiju Koothupalakkal’s intraday shares for today 6]Garden achievement Shipbuilders & Engineers Ltd-Koothupalakkal recommends that your garden reach shipbuilders at around £ 1749 for a target price of £ 1850, which has a strong scoring, a strong return of the Bound Bundle, and it once again indicated the most important 200-periodes. at 1705 level with a tremendous level of conditions, with a large return. Improving the prejudice and expecting further increase with parameters with a strong upward trend. The RSI is well placed, indicating a positive reversal of tendency to give a buy and can continue with the positive move further forward. With the chart that looks technically good, we suggest you buy the stock for an upside down target of 1850, with the stop loss of 1715 level. 7]Kaynes Technology India Ltd Koothupalakkal recommends that Kaynes Technology India buy at around £ 5884 for a target price of £ 6140 which has stop loss at £ 5770. The share has upheld a strong return that recently maintained past the important 50EMA and 200 period MA, and is currently a formation of a higher soil pattern at 5470 levels. The RSI indicated that strength with an upside potential is 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 6140 level, which holds the stop loss of 5770 level. 8]TD Power Systems Ltd – Koothupalakkal recommends that you buy TD power system at around £ 430.75 for a target price of £ 458, which retained the stock at £ 420 after a short period of correction, once again indicated the revival with strength with a positive chandeling on the daily graph. The RSI is well positioned to give a buy and has a lot of upside -down potential. With the card that looks good, we suggest you buy the stock for an upward target of 458, which holds the 420 level stop loss. 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.