Top three shares to buy today: Expert Ankush Bajaj's choices for May 19
Copyright © HT Digital Streams Limit all rights reserved. Ankush Bajaj 7 Min Read May 19, 2025, 05:30 AM ist Ankush Bajaj recommends three shares for May 19 Summary to Buy Today: Discover the top shares by market expert Ankush Bajaj for Monday, May 19 Indian stock markets ended slightly lower on Friday, retrieving the worldwide legs. The Nifty 50 dropped 42 points to close at 25,019, while the Sensex dropped 200 points to finish at 82,330. Despite the subdued session, both indexes recorded a good weekly profits of more than 4%. Top three stock recommendations by Ankush Bajaj for 19 can buy: Adani Green Energy Ltd (Adaanigreeen) (Current Price: £ 1,020) Why it is recommended: On the daily chart, the stock formed an inverted head and shoulder pattern, which is a bullish reversal signal. The volume is supportive, indicating a strong participation. In addition, the share has closed above the 61.80% Fibonacci feedback level, suggesting that a bullish momentum continuation is in the short term. IMPORTANT STATISTICS: RESISTANCE: £ 1.065 – £ 1,075 (supply zone) Support level: £ 999 (pattern -validity level) Pattern: Reverse head and shoulder volume: Rising volume Confirm Pattern – Strength Technical Analysis: Price Trading above the key short -term average. The exposition above the withdrawal level with volume -confirmation supports a bullish bias. The inverted head and shoulder reform add the expected upside conviction. Risk factors: Distribution below £ 999 with volume can invalidate the pattern. Broad market correction or weakness in the energy sector can affect the setup. Buy at: £ 1,020 Target Price: £ 1,065 -£ 1,075 in 4-5 Days Stop Loss: £ 999 Buy: Aarti Industries Ltd (Aartiind) (Current Price: £ 474) Why is it recommended: After a 4-5 days consolidation, the stock closed above £ 470. Earlier, the stock gave a flat outbreak near £ 445, which showed around £ 500 on a potential target area. The current price action indicates the possibility of a short -term bullish move. IMPORTANT STATISTICS: RESISTANCE: £ 500-£ 505 (measured sliding goal), support level: £ 460 (recent base) Pattern: flat outbreak followed by consolidation outbreak, volume: moderate but steady during the technical analysis of the breakout zone: Price sustained over short-term movement average. The exposition above £ 470 confirms the purchase of interest and continuity. Previous base near £ 445 now serves as a strong basis for upward targets. Risk factors: Distribution below £ 460 with volume can invalidate the bullish setup. Broader market weakness or sector -specific attire can affect the short -term price movement. Buy at: £ 474 Target Price: £ 500 – £ 505 in 4-5 Days Stop Loss: £ 460 Also Read: Indian Defense Firms Skyros to Pakistan Arts Buy: Bharat Dynamics Ltd (BDL) (Current Price: £ 1.842) Why is it recommended: Moment. The share has also raised a new lifetime, supported by good volumes, indicating a strong institutional participation. These factors indicate the potential for a good trending day within the near term. Important Statistics: Resistance Level: £ 1.970 – £ 2,000 (New High Extension Zone), Support Level: £ 1,775 (Recent Swing Low), Pattern: Fresh Outbreak to Lifetime High, Volume: Strong and Rise During the Explanation. Technical Analysis: The stock trades above all most important moving averages. RSI> 60 and rising volume confirm the strength of the move. New highlights supported by momentum and volume usually lead to follow -up purchases. Risk factors: Distribution under £ 1.775 with volume can invalidate the setup. Any adverse news or broader market correction can affect the short -term trend. Buy at: £ 1.842 Target Price: £ 1,970 -£ 2,000 Within 4-5 Days Stop Loss: £ 1.775 Also Read: Coin Explaner: Understanding NSE’s new Retail -ALGO framework and what it means for traders’ market update: 16 May 2025 after a strong upward momentum during the week, the Indian stock Signs of signs of signs of signs of signs of signs of signs of signs of signs of signs of signs of signs of signs of signs of signs, show signs of signs of signs of signs of signs of signs of signs of signs of signs of shows of the signs of signs of signs of signs of signs of signs of signs of signs of signs of signs of signs of signs of signs of signs of signs of signs of signs of signs of signs of signs of signs of signs of signs of Signs of tone of signs of signs of signs of signs of tone of signs of signs of signs of signs of signs of signs of consolidation. As the weekend approached, the investor sentiment became cautious, which led to a largely bound session. The day was characterized by indecision and subdued trading activity, with many participants who chose to book profits after recent profits. The Nifty 50 traded within a tight band throughout the day and eventually closed a flat at 25,019.80, with just 42.30 points or 0.17%. This sideways movement reflects a sense of exhaustion from the market to a robust bullish stripe, which may indicate a break before the next important direction. A similar trend was seen in the BSE Sensex, which ended the session at 82,330.59, with 200.15 points or 0.24%. Meanwhile, the bank Nifty remained almost unchanged and added a neglect 0.70 points to close at 55,354.90, which is an indication of the subdued interest in financial heavyweights. After the quiet sentiment was added, India VIX still dropped, pointed out low volatility and indicated that traders did not expect any major surprises in the short term. The lack of strong momentum on either side indicated that the market may be waiting for fresh domestic macro economic data or global clues to drive the next step. Sectoral view The broader sectoral performance on Friday painted a neutral picture, with no specific sector clearly leading or deteriorating, further strengthening the market’s scope -bound character. On the plus side, the public sector enterprises (PSE) index gained 1.81%, supported by optimism around the reform of the energy sector and the increasing demand in electric vehicles. The Realty index has now followed a 1.63%increase, as traders have turned in housing and commercial real estate shares. Energy supplies have also seen a modest 0.85%profits, powered by strong commodity prices and better export prospects. Conversely, some sectors were a light profit discussion. The services index fell 0.42%, while the healthcare sector dropped 0.30%, which was largely under pressure by selected pharmaceutical names. The infrastructure sector also rose lower by 0.17%, reflecting interest in capital goods and related themes. Also read: Sebi’s Psu Delisting Proposal Sparks asks for parity with private business highlights in a largely subdued session, there were only a handful of significant movers. Top profits include Bharat Electronics Ltd, which increased by 3.85%, which continued to take advantage of sustained inflow of defense order and optimism in the ecosystem with electric vehicles. Bajaj Auto added 1.88%, reinforced by renewed power in the metal space. Tata consumer products climbed 1.81%, as the market responded positively to recent major orders and robust earnings expectations. At the disadvantage, Bharti Airtel fell by 2.85%, which probably faced profit discussion after its recent achievement. HCL Tech dropped 2.13%and contributed to the broader weakness in the IT space. State Bank of India finished 1.94% on the day, towed by subdued banking activity and sectoral rotation away from PSU banks. Nifty Technical Analysis After a strong rally on May 15, the Nifty briefly consolidated, which closed about 42 points lower. Despite this minor dip, the index remains on track and resumes its upward movement to the 25,300 mark. Nifty managed to keep above the most important psychological level of 25,000, indicating an ongoing force. Support is now moving higher to 24,800, and any dip to this level is likely to be considered buying opportunities. Momentum indicators on both daily and hourly cards have shown that a positive crossing – a technical buying signal – reinforces a bullish view. From a technical point of view, the index is currently trading above the most important moving averages. On the daily chart, Nifty is far above the 20-day EMA and 40-day Dema, which is currently placed 24,394 and 23.931 respectively. The momentum indicator on the daily timeframe also supports this upward bias with a bullish crossover. On the hourly chart, Nifty keeps 24,845 and 24,745 above the 20-hour and 40-hour EMAs. Here, too, the momentum indicator shows a positive crossing, which contributes to the short-term bullish narrative. The width of the market further supports this view, with 1.958 shares progressing and 919 falling on the national stock exchange, reflecting the broad -based market participation. Conclusion The technical setup remains favorable, and with key levels held, the prospects for Nifty remain positive. Traders may consider buying on dips, especially close support levels, as the index continues its trip to 25,300. Ankush Bajaj is a Sebi-registered research analyst. His registration number is INH000010441. Investments in securities are subject to market risks. Read all the related documents carefully before investing. Registration granted by SEBI and NISM certification in no way guarantees the performance of the intermediary or gives any returns to investors. Disclaimer: The views and recommendations given in this article are those of individual analysts. This does not represent the views of coin. We advise investors to check with certified experts before making investment decisions. Catch all the business news, market news, news reports and latest news updates on Live Mint. Download the Mint News app to get daily market updates. More Topics #Markets Premium Mint Specials