Stock market Today: Nifty 50 trade setup, international markets, Q1 results; eight stocks to purchase or sell on Thursday

Stock Market Today: Experts predict that the Nifty 50 index will face a short-term obstacle at 25,250 levels.

Stock Market Today: The benchmark Nifty-50 index ended Wednesday’s trading session just 0.06% higher at 25,212.05, indicating that the markets are still consolidating. At 57,168.95, the Bank Nifty was up 0.28%. The main losers were Metals and Pharma, while the other few winners were the FMCG and IT Realty Indices. Small and mid-cap stocks also finished flat in the wider indices.

Thursday’s Trade Setup

When the Nifty 50 index breaks through its short-term barrier at 25250 levels, it will aim for the 25500 and 25700 levels. According to PL Capital Vice President of Technical Research Vaishali Parekh, the critical support area would still be the significant EMA zone at the 24900 level.

The Bank Nifty is still rising gradually after holding the crucial short-term support level at 56600, and Parekh anticipates more movement until the 57000 zone.

Today’s global markets and the Q1 results

Investors will be watching Thursday’s key global macro releases, which include the EUR CPI, UK unemployment, US retail sales, and jobless claims. Axis Bank, Wipro, Jio Financial, LTI Mindtree, HDFC AMC, and Indian Hotels are among the companies whose Q1 results are due tomorrow.

“With the help of improving rural and healthcare trends as well as any advancements in trade talks between the US and India, we anticipate that markets will consolidate favorably. As the earnings season picks up speed, stock-specific activity is expected to persist, according to Siddhartha Khemka, Head of Research, Wealth Management, Motilal Oswal Financial Services Ltd.

Stocks to buy today

Market experts Ganesh Dongre, Senior Manager of Technical Research at Anand Rathi; Shiju Koothupalakkal, Senior Manager of Technical Research at Prabhudas Lilladher; and Sumeet Bagadia, Executive Director at Choice Broking, suggested the following eight intraday stocks for today: Indian Bank, Heritage Foods d., Schneider Electric Infrastructure Ltd., Laxmi Organic Industries Ltd., Pidilite Industries Ltd., Supreme Industries Ltd., and Indian Bank.

Stock recommendations by Sumeet Bagadia

1. Krishna Institute of Medical Sciences Ltd (KIMS)

For a target price of ₹805, Bagadia suggests purchasing KIMS at about ₹742.95, with a stop loss at ₹716.

As evidence of its strong bullish momentum, KIMS is currently trading at ₹742.95 and recently hit a new all-time high of ₹747.5. Higher highs and higher lows indicate that there is still buying interest in the stock, which is still maintaining an upward price structure. Strong demand and a change in sentiment are reflected in the breakout to a new high. Above its 20, 50, 100, and 200-day Exponential Moving Averages, the price is still well supported.

2. Schneider Electric Infrastructure Ltd.

For a target price of ₹957, Bagadia suggests purchasing SCHNEIDER at about ₹886, with the stop loss at ₹854.

SCHNEIDER is still on a strong upward trajectory and is currently trading at 886. The stock has been showing consistent bullish momentum by making a string of higher highs and higher lows. A bullish continuation pattern has been validated by a breakout from the rounding bottom formation, indicating a change from accumulation to an upward trend. The stock setting a new 52-week high at 899, backed by steady volume activity, further confirms this breakout.

To buy Ganesh Dongre’s stocks today

3. Pidilite Industries Ltd

Dongre suggests purchasing Pidilite Industries, or PIDILITIND, at approximately ₹2990 with a target price of ₹3100 and a stop loss at ₹2945.

The stock has shown a robust, noteworthy, and ongoing bullish trend, providing short-term traders with yet another encouraging opportunity. With a current price of ₹2990, the stock is holding steady at ₹2945. A price retracement towards the ₹ 3100 level is possible, according to the technical setup. Entering at the current market price with a stop-loss at ₹ 2945 offers a prudent way to profit from the expected upside as the stock is reversing from a support base and displaying signs of renewed strength.

4. Supreme Industries Ltd

For a target price of ₹4400, Dongre advises purchasing SUPREMEIND at about ₹4230 and maintaining a stop loss at ₹4150.

The stock has shown a robust, noteworthy, and ongoing bullish trend, providing short-term traders with yet another encouraging opportunity. With a current price of ₹4230, the stock is holding steady at ₹4150. A price retracement towards the ₹ 4400 level is possible, according to the technical setup. Entering at the current market price with a stop-loss at ₹ 4150 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. Indian Bank

For a target price of ₹660, Dongre advises purchasing Indian Bank or INDIANB at about ₹641, with a stop loss at ₹630.

The stock has displayed a robust and steady bullish trend in the most recent short-term technical analysis, suggesting the possibility of a prolonged upward move. At ₹641, the stock is presently trading above ₹630, a crucial support level. An important location for risk management is this support zone. In order to manage downside risk, traders are advised to take into account a buying opportunity with a strategically placed stop-loss at ₹ 630, given the bullish momentum. A favorable risk-to-reward ratio and a continuation of the current upward trend are suggested by the trade’s target of ₹ 660.

Today’s Shiju Koothupalakkal intraday stocks

6. Heritage Foods Ltd

Purchasing Heritage Foods in Koothupalakkal CMP: 478 Goal: 500 468 is the stop loss.

With a series of higher bottom formations on the daily chart, the multi-swinging stock has been strengthening and rising. It has now taken support once more near the 467 zone and signaled a respectable pullback to strengthen the bias, allowing for further rise in the upcoming sessions. With the RSI currently in a good position and signaling a positive trend reversal to signal a buy, the volume participation has been substantial and the positive move can continue in the future. Given the technically sound chart, we advise purchasing the stock with a stop loss at 468 and an upward target of 500.

7. Aeroflex Industries Ltd

For a target price of ₹228 Koothupalakkal advises purchasing AEROFLEX INDS at approximately ₹216, keeping Stop loss: 211

The stock showed a strong pullback with a series of bullish candle formations on the daily chart to reinforce the bias after a brief period of correction. We can anticipate more gains in the upcoming sessions. The stock has taken support near the 200-period MA at the 192 zone. Together with the RSI, which is in a good position and indicating a buy, volume participation is once again increasing. We advise purchasing the stock because it has a lot of upside potential and a technically appealing chart.

8. Laxmi Organic Industries Ltd

Keeping the stop loss at ₹197, Koothupalakkal suggests purchasing LAXMI ORGANICS at about ₹202.50 with a target price of ₹214.

Following a slow decline, the stock has improved considerably, as evidenced by a bullish candle formation on the daily chart that moved past the 50EMA at the 196 level to strengthen the bias. We can expect a further increase to continue the upward trend in the future. With plenty of upside potential visible, the RSI is currently in a good position and has signaled a positive trend reversal to suggest a buy. Given the technically sound chart, we advise purchasing the stock with a stop loss at 197 and an upside target of 214.

Disclaimer: The opinions and suggestions expressed above are not those of Times of Dalal Street, but rather those of specific analysts or brokerage firms. Before making any investment decisions, we encourage investors to consult with qualified professionals. 

Also Read: Buy or sell: Vaishali Parekh suggests three stocks for purchase today, July 17, 2025.