Buy or sell: Vaishali Parekh recommends three stocks to buy today — November 25
Live MintBuy or sell stocks: The Indian stock markets fell more than half a per cent but recovered to end up during Friday's trading session, fueled by index heavyweights like Reliance, Infosys, ICICI Bank, and TCS. The Nifty 50 closed 2.39 per cent higher after Friday's trading session at 23,907.25 points, compared to 23,349.90 points at the previous market close. Vaishali Parekh's stocks to buy today Vaishali Parekh, vice president of technical research at Prabhudas Lilladher, said the Nifty witnessed a strong pullback from the low near 23,260. For today, Parekh recommended three buy-or-sell stocks: BGR Energy Systems Ltd, Exide Industries Ltd, and Tata Motors Ltd. Stock market today On the outlook for the Nifty 50 and the Bank Nifty index, Parekh said, “Nifty witnessed a strong pullback from the low made near 23,260 zone with a bullish candle formation on the daily chart moving above the significant 200-period MA of 23,600 levels to anticipate for further rise till 24,400 level with most of the frontline stocks hovering near their oversold zone.” “The index would need to sustain the 23,200-23,300 zone as of now to maintain the bias and anticipate some decent pullback,” said the stock market expert.