On Friday, The Sensex surgged 769.09 points, or 0.95%, to close at 81,721.08, while the nifty 50 settled 243.45 points, or 0.99%, Higher at 24,853.15. For the week, the nifty 50 jumped 4.18%, registering its highhest weekly close since the week ending 4 October 2024.
Stock market next week
As the benchmark nifty 50 has decisively surpassed the crucial resistance of 24,800, analysts believe the next target for the index lies at 25,000 level. The Senior Remains Neutral-to-Pol-positive, and the key support for the index is placed at 24,500.
A Sharp Rally Past 25,000 may propel nifty 50 towards the psychological 25,300 level, while on the flip side, only a breakdown below 24,500 clock stir Selling Momentum, Analysts SAID.
Stocks to buy
Sumeet Bagadia, Executive Director at Choice Broking Has Recomminated Three Stocks to Buy on Monday, 26 May 2025. The Three Stock Picks by Bagadia are HDFC LIFEC LIFEC LIFEC LIFEC LIFE Shares.
Here are the three stocks to buy on Monday:
HDFC Life | Buy at 780.40 | Target price: 860 | Stop Loss: 740
HDFC Life Share Price Printed A Strong Bullys Candle on the Daily Chart, Backed by Consistency Volume Activity, Highlighting Robust Buying Interest and Positive Sentiment Among MARKET AMONMENT AMON MARKET PARTICITSTS. A decisive movie and close about the 800 Level Cold Trigger Further Momentum, Paving the Way For the Stock to Chart New Highs, with a Near-Term Upside Potential Toward 860, Bagadia said.
Given this constructive technical setup and Strong Momentum Indicators, Traders May Consider Initiating long positions in HDFC Life Shares at the Current Market Price of 780.40. A stop-live place can be placed at 740, while a sustained breakout Above 800 even could open the path toward the 860 target in the near term.
ITC | Buy at 436.30 | Target price: 475 | Stop Loss: 416
ITC Share Price Action Indicates a Buildup for a Potential Breakout, with the Stock Now Showing Signs of Renewed Strength. On the technical front, itc stock is displaying encouraging structure as it hovers just about Above Its Key Moving Average-Including the short-term, medium-term, and long-term Emas-Signaling Improving Price Stability and Support at Current Levels.
A sustained movie Above the 440 mark would confirm a breakout from the ongoing consolidation zone, potentially opening the path for an upside move toward the 475 target in the Near Ter, Bagadia said.
Given the developing breakout setup and favorite technical Signals, traders may consider initiating long positions in itc shares at the current price of 436.30. A stop-loss can be maintained at 416, while a breakout Above 440 Cold Propel The Stock Toward the UPSIDE TARGET of 475, he added.
Axis bank buy at 1,210.10 | Target price: 1,330 | Stop Loss: 1,150
Axis Bank Share Price Formed A Strong Bullyfing Candle, A Powerful Reversal Signal That Renewed Buying Interest and Strengthens the Bulish Outlook. A sustained movie Above the 1,220 Mark would confirm continuation of the upward Momentum and could open the door for a potential rally toward the 1,330 target in the near term.
Technically, the stock is trading about all its moving average-short-term, medium-term, and long-term emas-reinforcing the strength and sustainability of the current trend.
Considering the favorite breakout structure and strengthening indicators, traders may look to buy axis bank shares at the current market price of 1,210.10. A stop-live place can be placed at 1,150, while a move Above 1,220 Cold Drive Axis Bank Stock Toward the target of 1,330, The Choice Broking Expert Said.
Disclaimer: The views and recommendations made about individual analysts or broking companies, and not of Mint. We Advise Investors to Check With Certified Experts Before Making Any Investments Decisions.
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