By Soumya Ranjan Today’s stock market: The 25150–25200 range will serve as short-term resistance for the Nifty. In the short term, a strong rally towards 25500 and then 25700 might be triggered by a sustained move above 25200. It is anticipated that the 24950–24900 zone will provide robust support.
Today’s stock market:
Positive global cues helped the benchmark Nifty 50 index finish the week ending September 12, 2025, with gains of more than 1.5%. While IT was one of the major gainers bolstered by metals and autos, the bank Nifty also saw a 1.3% increase at 54,809.30. Additionally, the small- and mid-caps increased by about 2%.
Monday’s Trade Setup
Regarding the Nifty’s key levels, the 25150–25200 range will serve as a short-term resistance. In the short term, a strong rally towards 25500 and then 25700 might be triggered by a sustained move above 25200. According to Sudeep Shah, Vice-President & Head of Technical and Derivatives Research at SBI Securities, the 24950–24900 zone is anticipated to provide robust support.
According to Shah, the Bank Nifty index has hit its immediate resistance zone, which is around 55,000.
Trump tariffs, US Fed rate cuts, and international markets
Investors will keep an eye on the Wholesale Price Index (WPI) release and any new developments regarding the implementation of the GST on the home front. With markets largely anticipating a rate cut in response to weaker US job data and moderating inflation, all eyes will be on the FOMC policy decision globally. Religare Broking’s SVP of research, Ajit Mishra, stated that updates on the status of the India-US trade agreement will continue to be important to monitor.
Stocks to purchase today
According to market experts, the following eight intraday stocks are recommended for purchase today: Sumeet Bagadia, Executive Director at Choice Broking; Ganesh Dongre, Senior Manager of Technical Research at Anand Rathi; and Shiju Koothupalakkal, Senior Manager of Technical Research at Prabhudas Lilladher. Prestige Estates Projects Ltd., Ideaforge Technology Ltd., Finolex Industries Ltd., Vedanta Ltd., Hindustan Zinc Ltd., BEML Ltd., and Astra Microwave Products Ltd.
Stock recommendations by Sumeet Bagadia
- BEML Ltd– Bagadia recommends buying BEML at around ₹4420 keeping Stop loss at ₹4250 for a target price of ₹4777
BEML is trading at 4420, demonstrating strong bullish sentiment and buying interest. The stock has reclaimed its short-term and medium-term moving averages, indicating a fresh uptrend. The breakout signals a renewed up-leg, potentially retesting earlier highs.
2. Astra Microwave Products Ltd- Bagadia recommends buying ASTRAMICRO at around ₹1085 keeping Stop loss at ₹1050 for a target price of 1165
Technically speaking, ASTRAMICRO has produced a strong upward move, convincingly crossing and holding above all of its major moving averages. A strong bullish structure is suggested by the alignment of the short, medium, and long-term averages below the current market price. Following a strong rally that peaked in early June, the stock had been consolidating over the previous few weeks. With the help of favorable price action, today’s upward move represents a clear break above short-term resistance.
Ganesh Dongre’s stocks to buy today
3. Vedanta Ltd– Dongre recommends buying Vedanta at ₹450 keeping Stoploss at ₹440 for a target price of ₹465
The stock is trading at ₹ 450, with a strong bullish pattern and strong support at ₹ 440. Recent price action suggests a reversal from this level, reinforcing bullish sentiment. Entering at ₹ 755 with a stop-loss offers a strategic opportunity.
4. Hindustan Zinc Ltd- Dongre recommends buying Hindzinc at ₹463 keepin Stoploss at ₹450 for a target price of ₹485
The stock has shown a strong, noteworthy, and ongoing bullish pattern, providing short-term traders with yet another encouraging opportunity. With a current price of ₹463, the stock is holding steady at ₹450. A price retracement towards the ₹ 485 level is possible, according to the technical setup. Entering at the current market price with a stop-loss at ₹450 offers a sensible strategy to profit from the expected upside as the stock is reversing from a support base and exhibiting signs of renewed strength.
5. Prestige Estates Projects Ltd– Dongre recommends buying PRESTIGE at ₹1550 keeping Stoploss at ₹1530 for a target price of ₹1620
The stock has shown a strong, noteworthy, and ongoing bullish pattern, providing short-term traders with yet another encouraging opportunity. With a current price of ₹1550, the stock is holding a solid support level at ₹1530. A price retracement towards the ₹ 1620 level is possible, according to the technical setup. A wise strategy to profit from the expected upside is to enter at the current market price with a stop-loss at ₹1530, as the stock is reversing from a support base and exhibiting signs of renewed strength.
Shiju Koothupalakkal intraday stocks for today
6. Ideaforge Technology Ltd– Koothupalakkal recommends buying IDEA FORGE at ₹517 for a target of ₹555 keeping Stop loss at ₹506
The stock has shown some consolidation while maintaining a strong bias. At the ₹496 level, where the 200 period SMA and 50EMA converge, there is good support, and there are currently signs of a volume spurt and price action. With the RSI in a strong position and indications of improving bias, further growth is expected. Since the chart is technically sound, we advise purchasing the stock.
7. Finolex Industries Ltd– Koothupalakkal recommends buying FINOLEX INDS at around ₹215.65 for a target price of ₹230 keeping Stop loss at ₹210
The stock has taken support close to the intersection of the 200-period SMA and 50EMA at the 208 level, indicating a higher bottom formation pattern on the daily chart. A notable pullback has strengthened the bias to anticipate additional growth in the days ahead. Strong upward momentum is being indicated by the RSI to continue the upward trend in the future. Given the technically sound position of the chart, we advise purchasing the stock with a stop loss at 210 and an upside target of 230.
8. HBL Engineering Ltd- Koothupalakkal recommends buying HBL ENGINEERING at ₹873 for a target price of ₹930 keeping Stop loss at ₹855.
The stock’s recent strong run-up has been maintained by the consolidation that has been observed, and there are indications that the bias is improving once more, suggesting that there will be another new upward move in the days ahead. The RSI has remained robust, and the current rate shows upside potential. We advise purchasing the stock because the chart appears to be in good technical condition.
Disclaimer: Times of Dalal Street does not endorse the opinions and suggestions expressed above; rather, they are the opinions of individual analysts or brokerage firms. Before making any investment decisions, we encourage investors to consult with qualified professionals.