Press "Enter" to skip to content
WhatsApp Group Join Now
Telegram Group Join Now

Shares to Buy or Sell: Sachin Gupta of 5paisa recommends angel One, Trent Shares Today – 24 June 2025

Stock Market Today: Indian Stock Markets Experienced A Significant SURGE DURIGE DURING TUESDAY’s Opening Session After Us President Donald Trump Declared A Ceasefreen Israel and ISing SOME Anxiatis for Global Investors Amidst Recent Geopolitical Instability.

The benchmark nifty 50 index commenced the day at 25,179.90, climbing by 208 points or 0.83%. Similarly, the sensex open robustly at 82,534.61, reflecting an increase of 637.82 points or 0.78%.

Analysts noted that as tensions between israel and Iran begin to ease, investors are redirecting their attention to forthcoming global events that might impact the market. A Crucial Date for Investors is July 9, which pertains to us tariff decisions. Should Tariff Issues be postponed or settled, The Markets Cold Sustain their Upward Trajectory.

On the Technical Front, Sachin Gupta of 5paisa, Believes Nifty 50 to Hold Above The Key Support Level of 24,800, While Facing Crucial Resistance Near the 25,100 Mark. Gupta recommends two stocks to buy. Here’s what he says about the overall market.

Also read , From bdl, bse to wockhardt – Experts recommend 6 stocks to buy for short term

Market Review and Outlook – Sachin Gupta, Senior Research Analyst at 5paisa

After a strong breakout from a choppy trading range on Friday, The Indian Markets Started The New Week on Avolatile Note, Ending God Loss of Over Half a percent. The weight opening was primarily Driven by Rising Geopolitical Tensions in the Middle East, Particularly due to the involvement of the us in the conflict. However, a decline in crude oil prices helped the market recover part of its early losses, Thought it still closed in negative territory.

For the day, the nifty 50 managed to hold Above the key Support Level of 24,800, While Facing Crucial Resistance Near The 25,100 Mark. As long as the index trades below this resistance, the Prevailing Choppines is likely to continue. A Decisive Breakout Above 25,100 Cold Pow the way for an upward move towards 25,300–25,350 levels.

Also read , Stocks to buy under ₹ 100: Experts recommend four shares to buy today

Shares to buy or sell today on tuesday- Sachin Gupta

On shares to buy on tuesday, Sachin Gupta recommends two stocks on tuesday – Angel One Ltd, and Trent Ltd.

Angel One

Angel One Share Price is Showing Signs of a Potential Bulish Reversal. The price recently rebounded from its 50-day ema, indicating strength in the ongoing trend. Importantly, this rebound was supported by a noticeable risk in trading volumes, sugging active participation from boyers.

Additional, the stock has taken support near the 38.2% fibonacci retracement level, a critical zone often watchd by traders for potential reversals.

Hence, traders are advised to look for buying options Around 2,900, with an upside potential towards 3,050 and 3,200. A stop loss can be placed at 2,870 to manage downside risk effectively.

Trent

Trent share price has exhibited a strong bullish structure, recently moving about its 200-day ema-a key long-term trend indicator. Additional, the price has broken out Above the upper bollinger band, Signaling Increased Volatily and Bulish Momentum.

A rounding bottom formation on the daily chart further reinforces the positive trend, indicating a gradual shift from a point to an uptRend. This breakout is supported by a notable surge in volume, Confirming Buying Interest and Enhancing The Validity of the Move.

The overall technical setup sugges a continuation of the upward Momentum. Traders may consider entering long positions on dips, with potential upside targets of 6,350 and 6,500.

Also read , Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy

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.

Source link


Discover more from gautamkalal.com

Subscribe to get the latest posts sent to your email.

More from FinanceMore posts in Finance »

Be First to Comment

Leave a Reply