Stock Market Update: Nifty 50 Trade Setup & Global Trends; 8 Stocks to Watch on Tuesday, March 25, 2025
According to experts according to experts, according to experts, the Nifty 50 is most likely to stay strong for so long as it remains above the level of support at 23,500.
Stock Market Update: Nifty 50 Trade Setup & Global Trends; 8 Stocks to Watch on Tuesday, March 25, 2025
Stock market Today: Markets began this week with a positive start and Nifty-50, the Nifty-50 index being the benchmark Nifty 50 index rising 1.32 percent and closing in 23,658.35 the previous Monday. In the end, Bank Nifty ended 2.2% higher at 51,704.95 and Realty, Oil & Gas were among the top gainers.
Trade Setup for Tuesday
The Nifty has seen an additional increase in its upward momentum as it climbed over the 23600 resistance mark. In the short-term the index is likely to be strong so long as it remains above the level of support at 23,500. Only a significant drop below 23,500 could cause a minor correction in the market, as per Rupak De, a Senior Technical Analyst with LKP Securities.
Stocks to Buy Today
Sumeet Bagadia, Executive Director at Choice Broking, has recommended two stocks for today. Ganesh Dongre is the Director for Technical Research at Anand Rathi recommended three stocks, and Shiju Koothupalakkal Senior Manager- Technical Research, at Prabhudas Lilladher, has provided three stock recommendations.
Sumeet Bagadia's pick for the Share market today
1. Krishna Institute of Medical Sciences Ltd (KIMS)-- Bagadia suggests buying KIMS for Rs639.65 and keeping Stoploss at Rs615 with an estimated price of Rs685.
2. Bharat Dynamics Limited- Bagadia recommends purchasing Bharat Dynamics at Rs1359.95 and keeping a Stoploss at Rs1313 to an estimated price of Rs1450.
Ganesh Dongre's stock to purchase today
3. Jubilant FoodWorks Ltd- Dongre suggests buying Jubilant FoodWorks at Rs 658 and keeping Stoploss at Rs640 to achieve an estimated price of Rs690.
4. Power Grid Corporation of India Ltd - Dongre suggests buying Power Grid at Rs292 with Stoploss at Rs287 with an expected price of Rs300.
5. Macrotech Developers Ltd (LODHA)- Dongre recommends purchasing LODHA for Rs 1220 and keeping Stoploss at Rs1190, with an initial target price of Rs1260. In the latest analysis of the short-term trends in the stock, a significant bearish reversal pattern is emerging.
