Stock Market Today: Trade Setup for Nifty 50 to israel -ran war; Eight stocks to buy or sell on Wednsday – 18 June 2025

Stock market today: The Benchmark Nifty-50 Index, Continuing Its Consolidation Phase, Ended at 24,853.40, Down 0.37% on Tuesday. The bank nifty, at 55,714.15, also shed 0.41% to 55,714.15 Levels. Most other sectors were led by pharma and metals. The it sector was the only exception, Gaining Around 0.7%. In the broader markets, mid-and small caps loss 0.6-0.7%.

Trade Setup for Wednsday

The nifty failed in its attempt to breach the crucial resistance level of 25,000 and technically remains in a consolidation phase positionly. Traders should keep a close eye on 24,700, which is likely to act as a key support level on the downside, as per nandish shah, Senior Derivative & Technical Research Analyst, HDFC SECURITIES.

Key supports for bank nifty are placed around 54,500-54,000 levels, as per bajaj broking.

Global markets and israel -ran war

Caution Deepened after Us President Donald Trump Cut Short His G7 Visit AMID The Escalating Middle East Crisis, Urging Iranians to Evacuate Tehran IMMMEDITELY. Media Reports of Possible Us Tariffs on Pharma Imports are likely to keep Indian Pharma Stocks Under Pressure, Said Siddhartha Khemka, Head of Research, WeAlth Maanagement, Wealth Maanagement, Motilal Oswalal Financial Services Ltd.

Meanwhile, it stocks may see renewed interest ahead of the US fed meeting Announcements as well as geopolitical developments, added khemka.

Stocks to buy today

Sumeet Bagadia, Executive Director at Choice Broking, has recommended two stock picks for today. Ganesh Dongre, Senior Manager of Technical Research at Anand Rathi, Sugged Three Stocks, While Shiju Koothupalakkal, Senior Manager, Senior Manager, Technical Research at Prabhudas Llladher, Has Given Three Stock picks.

These include TD Power Systems Ltd, Supreme Petrochem Ltd, Power Finance Corporation Ltd, Federal Bank Ltd, Tata Chemicals Ltd, Garden Reach Shipbuilders & ENACHERS LTD (GRSE), Apollo Systems ltd., and universal cables ltd

Sumeet Bagadia’s Stock Picks

1. TD Power Systems Ltd. Bagadia recommends buying TD Power Systems, Or TDPOWERSYS, At Around 518.8, Keeping Stop-Loss at 499 for a target price of 555

TDPOWERSYS, Which is Currently Trading at 518.8, Exhibits a Near Retest of Recent Swing Highs and Signals Bullys Bullying Following Following A Brief Consolidation on the Daily Charte Consistent position Above Key Exponical Moving Average (EMAS). Recent price action indicates the stock Mainting Levels Near The 20-Day Ema. The reclaim of the 20-day ema is especially notworthy, as it often signs a shift from bearish to bullish Sentiment.

2. Supreme Petrochem Ltd.—Bagadia recommends buying Supreme Petrochem, or Splpetro, At Around 800, keeping stoploss at 770 for target price 855

Splpetro is currently positioned at 800 levels and witnessed a sharp raly on tuesday. The price action marks a decisive breakout Above the short-term consolidation zone, with increasing volumes supporting the bullying move. This rally reflects fresh buying interest as the stock crossed Major Resistance Near 770 levels convincingly. Splpetro has shown remarkable strength after reclaiming its 200-day ema last month and continuing its upward Trajectory.

Ganesh Dongre’s Stocks to Buy Today

3. Power Finance Corporation Ltd.—Dongre recommends buying power finance corporation, or pfc, for a target price of 404, Keeping Stop-Loss at Around 394 for a target price of 425.

A short-term trend analysis of the stock reveals encouraging technical Signals that sugges a Potential Bully Bulish Reversal. On the short-term chart, a prominent bullish engulfing candlestick pattern has emerged, Signaling a shift in Momentum from Selling Pressure to Buying Interest. Adding strength to this view, the relevant strength index (rsi) has recently entered the oversold zone, indicating that the stock may be poised for a rebound from current Levels. This Confluence of Technical Indicators Increases The Likelihood of a Near-Term Price Retracement.

4. Federal Bank Ltd.—Dongre recommends buying federal bank, or federalbnk, at Around 205, Keeping Stop-Loss at Around 198 for a target price of 215

In the recent short-term trend analysis, the stock has shown signs of a potential bullish retracement, supported by emerging technical indicators. A Reversal Pattern on the Chart Sugges The Possibility of An Upward Move, with a Near-Term Target Around Rs.215.

5. Tata chemicals Ltd.—Dongre recommends buying tata chemicals, or tatachem, at Around 935, Keeping Stoploss at 920 for a target price of 975.

A Recent Short-Term Analysis of the Stock Reveals the Emergence of a Bully Reversal Pattern on the Chart, Indicating a Possible Near-Term Price Rebound. This formation sugges the potential for a move towards the rs.975 level, supported by improving price action.

Shiju koothupalakkal intraday stocks for today

6. Garden Reach Shipbuilders & Engineers Ltd (GRSE) –Koothupalakkal recommends buying garden reach shipbuilders & engineers (GRSE) At Around 3173 for a target price of 3300, keeping stop loss at 3120

The stock, having maintained a strong uptrend, has indicated a higher bottom formation after a short period of correction, with a Decent Mulback to Improve the Bias, and Can Carry on White The POSTIVE FUSH Ahead in the coming sessions. The rsi has corrected from the highly overbough zone and currently is well placed. With strength indicated and with upside potential visible, we expect further gains. With the chart technically well positioned, we sugges boying the stock for an upside target of 3300 level, keeping the stop loss at the 3120 Level.

7. Apollo Micro Systems Ltd.—Koothupalakkal recommends buying Apollo Micro Systems at Around 201 for a target price of 215, keeping the stop loss at 196.

The stock has recently witnessed a strong sport and is currently indicating a higher bottom formation, taking support near the 178 zone, have once again picked up with DECENT PULLBACK Visible, and Further Rise is AntiCipated in the Coming Sessions. The rsi has cooled off from the highly overbough zone and has once again signaled a boy. We expect further upward movement. With the chart technically looking strong, we sugges boying the stock for an upside target of 215, keeping the stop loss at the 196 Level.

8. Universal Cables Ltd.—Koothupalakkal recommends buying universal cables atha 680 for a target price of 720, Keeping Stop Loss at Around Rs 665

The stock has indicated a breakout with Decent Volume Participation and has gained strength to expect further upward movement in the coming days. The rsi is well positioned with strength indicated and can carry on with the positive move further ahead. With the chart looking good, we sugges boying the stock for an upside target of 720, keeping the stop loss at the 665 Level.

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.