Stock Market Today: Trade Setup Nifty to Q3 Results today; 5 Stocks to buy or sell today – 12 February 2025 | Stock market news

Stock market today: Improvement phase intensified as benchmark on Tuesday Nifty 50 The index and S&P BSE Sensx decreased by 1.32% in each on 23,071.80 and 76,293.60 respectively. Bank Nifty decreased by 1.19% at 49,403.40, while significant improvements were observed in all areas led by auto, metals, realty. Extensive markets noticed that the stator ended 2-3% lower with middle and small cap.

Business setup for Wednesday

The Nifty is now slipping down to 22786 levels to create a new lower floor below the bottom of January. Although any reverse bounce from here can get strong resistance around 23200 levels, Nagaraj Shetty said Nagraj Shetty, Senior Technical Research analyst of HDFC Securities.

Bank Nifty has broken the support area of ​​49,650–49,700. Thus, 49,700 banks will serve as an immediate barrier to Nifty, with next significant support at 48,900, Hrishikesh Yedway, AVP Technical and Derivatives Research in ASIT C. Mehta Investments said.

Global market and Q3 results today

The American trade policies and the ongoing uncertainty around the tariffs, domestic economic growth in combination with concerns and frequent sales by FII, are reducing the market spirit. Mid-and small-cap stocks experienced significant decline due to concerns and high evaluation demands. Although RBI’s intervention provided some recovery for yesterday’s records, it is under pressure and is likely to keep the market unstable in the near period, the head of research Vinod Nair said, the head of research, Geogit financial servicesInvestors are estimating PM’s visit to the US for any possible relief in trade uncertainty, while American inflation data will also be an important focus, Nair said.

Stock to buy today

Sumit Bagadia, Executive Director of Choice Broking, has recommended two stock pics for today. Ganesh Dongre, senior manager of technical research at Anand Rathi, suggested three shares.

Stock recommendations of Sumit Bagadia today

1. JK Cement Limited- Revishing to buy Bagadia JK Cement But 4823.05, maintaining Stoploss 4640 for the target price of 5150

JK Cement is currently posted at 4823.05 levels, shown a strong upper speed. The recent breakout of the stock was supported by the critical trading volume, indicating interest in a strong investor interest. A stable climb is detected in the chart, with a 20-day EMA upward trending and 50-day and converts towards 100-day EMAS. This alignment of moving average suggests the continuity of rapid trend when supported by pressure of further purchase.

2. NDR auto component limited– Bagadia recommends buying NDR auto component But 773.85 with a stoplaus 745 for the target price of 830

NDR auto components show a strong speed speed, which is clear from a notable uptrend from the support levels around 735, close to its 100 -day exponential moving average (EMA). Adequate upward movement and a significant finale around 773.85. Stock is experiencing strong purchases of interest, which can lead to constant profit that can potentially lead to movement after recent bounce and upwards, offer an optimistic approach to investors

Ganesh Dongre’s stock to buy today

3. Oil India limited– Dongre recommends buying Oil But 411 with a stoploss 400 for target price of 425.

In recent short -term trend analysis of stocks, currently stock is in oversold zone. Looking at the daily chart, a remarkable rapidly reversed pattern has surfaced. This technical pattern suggests the possibility of a temporary retracement at the price of stock, potentially reaching around 425. Currently, the stock is maintaining a significant support level at Rs.400. Given the current market price of Rs.411, a purchase opportunity is emerging. This shows that investors can consider purchasing stocks at their current price, which is Rs. There is a possibility of an increase in the identified target of 425.

4. Bharti Airtel Limited– Dongre recommends buying Bharti Airtel But 169, keeping in mind the stoploss 1675 for the target price of 1725

In recent short -term trend analysis of stocks, a remarkable rapidly reversed pattern has surfaced. This technical pattern suggests the possibility of a temporary retracement in the stock price, possibly reaching around Rs.725. Currently, the stock is maintaining a significant support level at Rs. 1675. Given the current market value of the rupee. 1696, a purchase opportunity is emerging. This shows that investors can consider buying stocks at their current price, Rs.

5. Metropolis healthcare limited– Dongre recommends buying Capital But 1783, with a stoplaus 1755 for the target price of 1825.

A remarkable rapidly reversed pattern has emerged in the recent short -term trend analysis of the stock. This technical pattern suggests the possibility of a temporary retracement in the price of stock, possibly almost Rs. 1825. The stock is currently maintaining a significant support level at Rs.1755. Given the current market value of Rs.1783, a purchase opportunity is emerging. This shows that investors can consider buying stocks at their current price, which Rs. There is a possibility of an increase in the goal of identification. 1755.

Disclaimer: The views and recommendations given in this article are of individual analysts. They do not represent the ideas of mint. We recommend investors to investigate with certified experts before taking any investment.