Share Market Today: Trade Setup for Nifty 50 to World Markets; Five shares to be on Monday - May 19, 2025 | Einsmark news

The stock market today: Bons from the consolidation zone, the benchmark Nifty-50 index for the week ending on May 16, 2025, ends 4.2% higher week on week. The bank Nifty at 55,354.90 also finished 3.3% higher, while metals, industries and property were among the best profits, although pharmaceutical and health care underperformed. In the broader markets, the middle and small hoods end 7-9%. The trade setup for Monday for the Nifty-50 index to the disadvantage, 24,665 and 24,400 would act as key support levels, while 25,100 could serve as an immediate resistance. A successful exposition above these levels can push the market to 25,500 and if the index drops below 24,400, the upward trend can become vulnerable, says Amol Athawale, vice-president technical research, Kotak Securities. For Bank Nifty, as long as it trades over 54,400 level, the positive momentum is likely to continue and re -test 56,000, Athawale said. Global markets and Q4 results without major global or domestic events that are scheduled are expected to shift the market focus to domestic earnings and high frequency economic data for directions. Updates on global trade transactions and their impact on global markets will also be carefully detected. Participants will continue to monitor foreign capital, which has played an important role in maintaining the current rally, says Ajit Mishra – SVP, Research, Religare Broking Ltd. On the corporate earnings, various prominent companies, including Ongc, ITC, Hindalco, JSW Steel, and Power Grid, have been determined to announce that they are a quarter of an hour market trends in the short term. Shares to buy Sumeet Bagadia, executive director at Choice Broking today, recommended two shares for today, while Shiju Koothupalakkal, Senior Manager – Technical Research, gave Prabhudas Lilladher two shares. These include Medplus Health Services Ltd, Data Patterns (India) Ltd, Ideave Technology Ltd, Housing & Urban Development Corporation Ltd (HUDCO) and TVS Motor Car Company Ltd Sumeet Bagadia’s stock selection 1. Medplus Health Services Ltd-Bagadia At £ 950 med plus medpus, at £ 855 for a target price of £ 950 an impressive stir, which is currently trading high level of 894.8 levels at a 52 week. and the register the highest closure in more than four months. This boom in the stock still delivered a strong bullish momentum supported by gradually rising volumes and improving the technical structure. The recent breakaway above its consolidation zone between £ 800 and £ 850 delivered a powerful exposition is a sign of bullish alignment. 2. Data patterns (India) Ltd-Bagadia recommends buying data patterns or data patterns at £ 2868 StopLoss at £ 2765 for a target price of £ 3060 data hats at 2868. With this stir, the share has now advanced more than 100% of its low in April, confirming a strong turnaround of the trend. The share has formed a clean exposition of the resistance zone near £ 2,650 levels, and it is now trading firmly above all important exponential moving average Shiju Koothupalakkal Intraday shares for today 3. Idear Technology Ltd-Koothupalakkal recommends that your Idea Fare Technology or Idea Forge at about £ 560 Keeping the loss a steep rise indicated that a flag pattern breakout is on the daily chart and has violated above the important 200 period MA at £ 554 level to further strengthen the trend expected for fresh upward move in the upcoming sessions. The RSI is maintained strongly and can continue with the positive move further forward. With the card that looks good, we suggest buying the stock for an upward target of £ 600, which holds the stop loss of £ 545 level. 4. Housing & Urban Development Corporation Ltd (HUDCO)-Koothupalakkal recommends you buy HUDCO at around £ 233.80 for a target price of £ 247, with stop loss £ 228 The stock after a short period of correction gained a momentum at £ 212 per have moved. To further improve the prejudice. The RSI has cooled down from the highly overbought zone and is well placed, which once again indicates that a positive tendency has indicated a purchase and may continue with the positive move further forward. With the chart that looks technically good, we suggest you buy the stock for an upward target of £ 247 level, which holds the stop loss of £ 228 level. 5.TVS Motor Company Ltd Koothupalakkal recommends that you buy TVS car at £ 2841 for a target price of £ 2960 to hold stop loss at £ 2790, the stock to a short period of consolidation, indicated that a triangular pattern box above £ 2800 with a bully chandelier is on the daily card to improve the in the upcoming session will improve. The RSI indicator once again indicated a purchase with a positive turnaround to expect for another fresh round of upward movement. With the technically well -positioned card, we suggest you buy the stock for an upside down target of £ 2960, and hold the stop loss of £ 2790 level. Disclaimer: The views and recommendations above are those of individual analysts or brokerage companies, and not of currency. We advise investors to check with certified experts before making investment decisions.