Stock market today: Trade setup for Nifty 50 to US dollar; 5 stocks to buy or sell on Wednesday — 8 January 2025
1 day, 10 hours ago

Stock market today: Trade setup for Nifty 50 to US dollar; 5 stocks to buy or sell on Wednesday — 8 January 2025

Live Mint  

Stock market today: The domestic stock markets closed in the green zone due to positive global cues and diminishing concerns about the new HMPV virus after two trading sessions of losses. Trade Setup for Monday On the outlook for the Nifty 50 and the Bank Nifty index, Parekh said, “Nifty has indicated a pullback after the huge erosion witnessed in the previous session maintaining the 23,500 zone as a strong support area which needs to be sustained.” “The index has been hovering between a tight range since a long time and would need to breach above the important 200 period MA at 23,900 level and thereafter, to trigger a breakout, would need to cross the resistance barrier of the 50EMA level of 24,180 to establish conviction and anticipate for further rise in the coming days,” said the stock market expert. These include Max Healthcare Institute Ltd., Bharat Dynamics Ltd., IndusInd Bank Ltd., Garden Reach Shipbuilders & Engineers Ltd., and SBI Cards and Payment Services Ltd. Sumeet Bagadia stocks to buy today 1. We have seen a major support in this stock around ₹1,540 So, at the current juncture, the stock has again seen a reversal price action formation at the ₹1,575 price level, which may continue its rally till its next resistance level of ₹1,620 so traders can buy and hold this stock with a stop loss of ₹1,540 for the target price of ₹1,620 in the upcoming weeks.

History of this topic

Sensex falls 500 points, Nifty tumbles: Why is the stock market down today?
10 hours, 58 minutes ago
Nifty 50, Sensex today: What to expect from Indian stock market in trade on January 8
Trending News
1 day, 8 hours ago
Indian stock market: 10 key things that changed for market overnight - Gift Nifty, Nvidia shares to India GDP
1 day, 9 hours ago
Intraday stocks for today under ₹100: Experts pick six shares to buy today - 8 January 2025
1 day, 9 hours ago
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today - 8 January 2025
1 day, 10 hours ago
Stocks to buy: Ankush Bajaj recommends three stocks for today—8 January
1 day, 10 hours ago
Indian stock market: Sensex, Nifty 50 rise despite HMPV virus fears. Will the rally sustain?
2 days, 5 hours ago
Intraday stocks for today under ₹100: Experts recommend five shares to buy or sell today — 7 January 2025
Top News
2 days, 8 hours ago
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 7 January 2025
2 days, 9 hours ago
Stock market crash: Sensex, Nifty 50 crack over 1.5% each; HMPV virus scare among 5 factors behind selloff
Trending News
3 days, 5 hours ago
Intraday stocks for today under ₹100: Experts recommend six shares to buy or sell on Monday — 6 January 2025
3 days, 8 hours ago
Stock market today: Trade setup for Nifty 50 to US dollar; 5 stocks to buy or sell on Monday — 6 January, 2025
3 days, 9 hours ago
Stocks to buy or sell: Dharmesh Shah of ICICI Securities suggests buying HAL, JK Cement today — 6 January 2025
3 days, 22 hours ago
Buy or sell: Sumeet Bagadia recommends three stocks to buy on Monday — 6 January 2025
5 days, 1 hour ago
Stock market crash: Sensex tumbles by over 700 points, Nifty down over 200
Trending News
6 days ago
Intraday stocks for today under ₹100: Experts pick five shares to buy today — 3 January 2025
Trending News
6 days, 8 hours ago
Nifty 50, Sensex today: What to expect from Indian stock market in trade on January 3
Trending News
6 days, 9 hours ago
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 3 January 2025
6 days, 9 hours ago
Indian stock market: 8 key things that changed for market overnight - Gift Nifty, fall in Tesla shares to surging dollar
6 days, 9 hours ago
Stock market today: Trade setup for Nifty 50 to global markets; 5 stocks to buy or sell on Friday — 3 January 2025
6 days, 10 hours ago
Sensex tumbles 600 points: 3 reasons behind stock market volatility
6 days, 10 hours ago
Nifty, Sensex open higher in 2nd session of 2025, result season starts next week
1 week ago
Intraday stocks for today under ₹100: Experts recommend four shares to buy today — 2 January 2025
1 week ago
Nifty 50, Sensex today: What to expect from Indian stock market in trade on January 2
Top News
1 week ago
Breakout stocks to buy or sell: Sumeet Bagadia recommends four shares to buy today — 2 January 2025
1 week ago
Indian stock market: 6 key things that changed for market overnight - Gift Nifty, gold prices to crude oil
1 week ago
Stock market today: Trade setup for Nifty 50 to global markets; 5 stocks to buy or sell on Thursday — 2 January 2025
1 week ago
Stock markets opening bell: Sensex surges 243 points, Nifty over 23,800 in early trade
1 week ago
Sensex, Nifty End First Session of 2025 in Green
Top News
1 week ago
Stock markets start 2025 on high note, snap two-day decline on buying in bluechips
Top News
1 week ago
Stock market today: Sensex, Nifty 50 ring in new year 2025 with decent gains; HDFC Bank, L&T, M&M shine
1 week, 1 day ago
Nifty 50, Sensex today: What to expect from Indian stock market in trade on January 1
1 week, 1 day ago
Indian stock market: 7 key things that changed for market overnight - Gift Nifty, oil prices to India’s fiscal deficit
1 week, 1 day ago
Stock market today: Trade setup for Nifty 50 to global markets; 5 stocks to buy or sell on Wednesday — January 1, 2025
Trending News
1 week, 1 day ago
Intraday stocks under ₹100: Experts pick five shares to buy today—January 1, 2025
1 week, 1 day ago
Stocks to buy: Ankush Bajaj recommends three stocks for today—1 January 2025
1 week, 1 day ago
Stocks to buy: Two stock recommendations from MarketSmith India for 1 January
1 week, 1 day ago
Stock market opens in green on first day of new year 2025 as Sensex, Nifty record marginal gains | DETAILS
1 week, 1 day ago
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — January 1, 2025
1 week, 1 day ago
Share Market Today: Indices End 2024's Last Trading Session In Red, Sensex Over 100 Points Down
1 week, 1 day ago
Stock Market Today: Sensex Tanks Over 500 Points, Nifty Trade Below 23,5O0
Top News
1 week, 2 days ago
Stock market: Sensex tanks over 400 points, Nifty opens near 23,550 on last trading day of 2024
1 week, 2 days ago
Stocks to buy for short term: SBI, PolicyBazaar among 6 stocks that may rise 7-18% in 3-4 weeks, say analysts
1 week, 2 days ago
Nifty 50, Sensex today: What to expect from Indian stock market in trade on December 31
1 week, 2 days ago
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 31 December 2024
1 week, 2 days ago
Indian stock market: 7 key things that changed for market overnight - Gift Nifty, Wall Street sell-off to strong dollar
1 week, 2 days ago
Stock market today: Trade setup for Nifty 50 to global markets; 5 stocks to buy or sell on Tuesday — 31 December 2024
1 week, 2 days ago
Stocks to buy: Ankush Bajaj recommends three stocks for today—30 December
1 week, 3 days ago
Intraday stocks for today under ₹100: Experts recommend three shares to buy today — 30 December 2024
1 week, 3 days ago

Discover Related