Buy or Sell: Vaishali Parekh recommends three stocks to buy today after ease in israel -ran war

Buy or sell stocks: Following the geopolitical tension caused by the israel -ran war, the Indian stock market witnessed intensed Intense Selling Pressure on Monday. The Nifty 50 Index Crashed 140 Points and Closed at 24,971, The BSE Sensex Shed 511 Points and Closed at 81,896, while the Bank Nifty Index Finished 193 Points Lower at 56,059. Trent, BEL, And Hindalco Emerged as the top Gainers on the Nifty, While Infosys, HCL Technologies, and Larsen & TOBRO WERE The Session’s Biggest Lagges. Nse cash market volumes declined 19% compared to the 10-day average.

The Indian Rupee Weakened 17 Paise Against The Us Dollar, Closing at 86.75 – Ice Lowest Level Since March 17. Facilites, combined with a strengthening dollar index and weak domestic equity performance. The Mid-Cap and the Small-Cap Indices Defied The Browader Market Decline. The Nifty Mid-Cap 100 Index Advanced 0.36%, While The Nifty Small-Cap 100 Index Gained 0.70%. Nifty Media, Consumer Durables, Metals Posted Substanti Gains, Highlighting Pockets of Resilience. IT, Auto, and FMCG sector Closed sharply Lower, Weighting Heavily on the Benchmark Index.

Stock market today

Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher, BELIEVES The Indian Stock Market Bias has become cautious as the nifty 50 index failed to break the Hurdle aT the Hurdle aT 25,200 to 25,2000 Levels. The prabhudas lilladher expert said the key benchmark index slipping below 25,000 levels after the Profit-booking trigger may put dobt into the minds of bulls. However, 24,800 to 24,750 May Continue to Provide Strong Support to the 50-STOCK Index.

Speaking on the outlook of the nifty 50 today, Vaishali Parekh Said, “The nifty 50 index, after opening on a weak note near the 24,950 zone, witnessed flutations during the Session on the back Turmoil and Closed in the Red Below The 25,000 zone with Sentiment mained with a very cautious approach. The index has witnessed a strong resistance near the 25,200 zones, with would be the crucial Near-term support

“The bank nifty index opening on the lower end remained passive near the 55900 zone, whereas the post-lunch session witnessed some pullback to move past the 56000 level to minimeies. Indicate a clear breakout Above the 56200-56300 zone to trigger a fresh upward move with the 55000 zone, on the downside mainted as the important and crucial Needs to beport, whiche Sustained as of now, “said parakh.

Parekh said that today, support for the nifty is at 24,800 levels, while resistance is at 25,200. The bank nifty will have a daily range of 55,500-56,500.

Vaishali Parekh’s stock recommendations today

Regarding Stocks to Buy Today, Vaishali Parekh recommended these three buy or sell stocks: hi-tech pipps, ideaForge technology, and black box.

1]hi-tech pipps: Buy at 98, target 110, Stop Loss 94;

2]ideaforge technology: Buy at 631, target 660, Stop Loss 610; and

3]Black Box: Buy at 490, target 530, Stop Loss 480.

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.