Concor to Dabur India – Jay Thakkar Sugges Three Stocks to Buy for Short -Term in F & O Segment

Stock Market Today: The Indian Stock Markets Opened Flat on Wednsday, Despite a Positive Lead from Both the US and Asian Markets. Analysts indicate that investors in the Indian stock markets are experienceing trading activity that lacks a clear direction.

Reflecting on the sentiment in the market, experts noted that monthly expiry is approaching for the Indian Markets. The Previous Day, Tuesday, Experienced Considerable Volativity, and Similar Fluctuations are expected on Wednsday and Thursday. The increase in covid cases is causing some concern, but the prevailing View is that it is a mild variant appearing with the Arrival of the Monsoon, and it will likely be managed effectively.

At 12:36 IST, Sensex Dropped By 120.93 points to Reach 81,430.70, while the nifty 50 fell by 38.95 points to settle at 24,788.10.

Jay Thakkar of ICICI Securities Suggessts to Buy only Above 25,150 for the targets of 25,500 and 25,800 with a stop loss of 24,900. Here’s what he says about the overall market.

Market Outlook by Jay Thakkar, Vice President & Head of Derivatives and Quant Research, ICICI Securities

Nifty 50

Nifty 50 has got stuck in a range IE Between 25,150 to 24,400 and there isn Bollywood from this range the short-term trend will be sideways to negative. There has been continuous supply at the higher levels and the index is unable to surpass it recent swing high. The Fiis also have been sold more than boying on alternate days due to which the Momentum has slowed down.

The India vix has been rising since last friday due to which there has been seling pressure at the higher levels. The bank nifty which has the highest weightage in nifty 50 has also gone sides since after Hitting High on 23rd April 2025, So Overall UNTIL SO OVERALL SOTIL AINTEL SON SO Indices Donian’s Recen Unless the India Vix Cools Off, The Overall Trend will be sides to negative only. So, Buy only Above 25,150 for the targets of 25,500 and 25,800 with a stop loss of 24,900.

Levels for nifty 50

Support: 24,500 and 24,400

Resistance: 25,000 and 25,150

Targets: 25,500 and 25,800

Stocks to buy in the near -term – jay thakkar

Jay Thakkar of ICICI Securities Recommends Tata Chemicals June Futures, Concor (Container Corporation of India Ltd) June Futures, and Dabur India June Futures.

Buy concor June futures in the range of 765 to 775; Stop Loss at 730; Targets at 850 and 880

Concor Share Price Seems to Have Formed The Base as the Price Action Confirms the higher tops and bottoms and bottoms and with that the oi has been rising which is a sign of long live. The stock has witnessed huge long unwinding due to which the stock fell from 1200 to 600 ie 50% approximately, hence a bounce a bounce back Are 850 and 880. There has been put additions and call unwinding which is a positive sign in the near term, only 800 strike has the highhest call Oi in the short term, so it is important to take to take to take to take to take theSe Order to Gain Further Momentum. The stock is trading about 20-day vwap level and that is positive in the near term.

Buy tata chemicals june futures in the range of 900 to 890; Stop Loss at 865; Targets at 935 and 950

Tata Chemicals Share Price Has Seem Quite a Sell Off from 1300 to 780 on a Closing Basis which is Nearly 40% from the top. The overall correction was due to long unwinding and now with a breakout Above the two previous swing highs and increase in oi there is some long buy live. The stock is also trading well above its 20-day vwap IE 880, hence the Risk: Reward on the long side is muuch favorite. There is a highest call OI at 900 strike, hence about that level it will gain further upward Momentum.

Buy dabur june futures in the range of 480 to 490; Stop Loss at 470 with targets of 515 and 525

Dabur Share Price Has Witnessed Huge Shorts Since Since Last Many Quarters and there have been correction and consolidation in the stock. Now, it seems to have revered as it forming higher tops and bottoms as well as the oi seems to reverse. The stock is hovering Around its 20-day vwap; hence it should bounce from here only, howyver, some consolidation can’t be repaired out. On the options front, it has highhest call OI is at 500, so it will gain further momentum only Above 500 Levels.

Disclaimer: The Research Analyst or His Relatives or I-Sec do not have actual/beneficial owners Interest and do not have any material conflict of interest.

The views and recommendations provided in this analysis are that of individual analysts or broking companies, not mint. We Strongly Advise Investors to Consult With Certified Experts Before Making Any Investments Decisions, as Market Conditions Can Change Rapidly and Individual Circumstances May Vary.