The nifty 50 advanced 252 points, or 1.02%, to settle at 25,003, while the sensex surgged 443 points, or 1%, to Finish at 82,188. Today’s RBI-Driven Rally Helped Flip The Nifty 50’s Weekly Performance Into Positive Territory with a Gain of 1.02%, While The Sensex Ended The Week Up by 0.91%.
Stock market next week
The Indian Stock Market Sentiment has turned positive as the nifty 50 index has worked above 25,000 decisively.
“Once the Benchmark Index Breaks Above Friday’s high decisively, we can expect the 50-stock index to touch 25,600 and 26,000 responsible,” Said Sumeet Bagadia, Oncecatural Brooking.
Stocks to buy
Sumeet Bagadia has recommended three stocks to buy on Monday, 9 June 2025. The three stock picks by Bagadia are NCC, M & M and Voltas Shares.
Here are the three stocks to buy on Monday:
NCC | Buy at 237.89 | Target price: 260 | Stop Loss: 225
NCC is Currently Trading at 237.89 and has shown a strong bounce from lower levels, consistently forming higher highs and higher lows on the Daily Timeframe – a Classic sign of a strength of a strength. After this upward move, the stock has entered a brief consolidation Phase Near Its Swing Highs, Indicating Healthy Profit Booking and Base Building Before a Potanical Next Leg up.
The recent price action sugges that NCC is on the verge of breaking out of this consolidation range, which could signal the continuation of its upwards Momentum. A sustained movie Above the 240 mark would confirm the breakout and potentially open the door for a short-term rally towards the 260 Level, A Key Resistance Zone.
Momentum indicators also favorite the bulls. The Relative Strength Index (RSI) is currently at 60.08, showing signs of a reveresal from lower levels and indicating a positive positive crossover – both of which point to insure to insure. From a trend percent, NCC is Hovering Near Its Long-Term Ema, and a Decisive Move Above This Cold Further Validate Bulish Strength. The stock remains well-supported and appears to be under accumulation Near key technical levels.
Structurally, the setup sugges a shift from a consolidation phase a potential breakout, supported by positive price structure and encouraging technical Signals. This provides a favorite Risk-Reward Opportunity for Positional Traders. Given the emerging breakout pattern, improving momentum, and technical alignment, traders may consider buying nc at the current market price of 237.89, with a stop-live 225 to manage downside risk. A sustained breakout Above 240 could set the stage for an upside movie toward 260 in the Near Term.
M&M | Buy at 3106.50 | Target price: 3425 | Stop Loss: 2950
M & M is Currently Trading at 3,106.50 and continues to maintain its strong upward Trajectory. After a recent bounce from lower levels, the stock has entered a brief consolidation phase, which is now shaping into a classic flag and pole pattern – a contemp typical Markets.
The price action indicates that M & M is on the verge of breaking out of this pattern, which, if confirmed, even the marriage the resumption of the ongoing bully. A sustained move Above 3,150 would act as a breakout confirmation and out of the way for a short-term raly 3,425, which stands as the next significant resistance zone.
On the Momentum Front, The Relative Strength Index (RSI) is Placed at 59.53, Showing a Strong Reversal from Lower Levels and a Recent Positive Crossover, Both of WhoaCh Reinofting Strenging Strenging and Support the Bulish Outlook. From a trend alignment percective, M & M is comfortable trading Around all its its moving average, including the short-, medium, and long-term emas, whole-term emas, half-furthe in the storage in the stocked and Provides a reliable support structure.
Structurally, the formation of a bulish controluation pattern backed by Strong Technical Indicators and Trend Support Presents A Compeling Setup for Posional Trading Seeping to RIDE the ONGENTUM. Given the developing breakout structure, positive price action, and supportive indicators, traders may consider buying m & m at the current market price of 3,106.50, with a Stop-Loss Placed at 2,950 to manage downside risk. A decisive breakout above 3,150 could potentially lead to a Near-Term Target of 3,425.
Voltas | Buy at 1271.10 | Target price: 1400 | Stop Loss: 1205
Voltas is currently trading at 1,271.10 and, after witnessing a sharp decline of Nearly 41%, the stock has entered a sideways consolidation phase near its lower levels. This Prollonged Range-Bound Movement Sugged a Base Formation, and the Recent Price Action Indicates a Potential Breakout from this consolidation zone.
If the stock manages to break and sustain about the 1,300 Mark, It Cold Trigger a Short-Term Rally Toward The 1,400 level – the next Major Resistance Based on the Projected Range Breakout.
The Relative Strength Index (RSI) Currently Stands at 52.50, and has recently shown signs of reveresal from lower levels, reflecting a shift in Momentum with Growing Potent for Furnthal for Furrent This supports the bulish setup and adds weight to the breakout possibilities.
On the trend front, voltas has rebounded from its recent lows and is now trading about its short-term ema, While Currently Hoving justly Hoving Just Bell Its Medium-Term Ema. A Sustained Move Above Bot This Average Cold Push the Stock TOD TESTIN Its Long-Term Ema, Strengthaning The Bully.
Technically, the stock is in a recovery phase, backed by Momentum Reversal and Improving Trend Structure, Offering a promising a promising risk-Reward setup for positional traders. Given the consolidation breakout possibilities, Rising Momentum, and Improving Ema Alignment, Traders May Consider Buying Voltas at the Current Market Price of 1,271.10, with a stop-live 1,205 to manage downside risk. A sustained move Above 1,300 count set the stage for an upset target of 1,400 in the Near Term.
Disclaimer: This story is for educational purposes only. The views and recommendations about individual analysts or broking companies, not mint. We Advise Investors to Check With Certified Experts Before Making Any Investments Decisions.
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