Buy or Sell: Ganesh Dongre of Anand Rathi recommends three shares to buy on Monday - 22 September 2025

Ganesh Dongre of Anand Rathi recommends three shares to buy on Monday – Punjab National Bank, Bajaj Auto and ITC. Ganesh Dongre of Anand Rathi recommends three shares to buy on Monday – Punjab National Bank, Bajaj Auto and ITC. Buy or Sell: The Nifty 50 closed the week higher with 0.82% at 25,327, blown by a positive world sentiment after the US Federal Reserve reduced the interest rate by 25 BPS and optimism on the Trump administration plans to keep tariff-related discussions with Premier Modi. Wider markets have also seen a healthy participation, with indices rising between 1-4 percent. Sector led Realty the rally with a sharp 4 percent increase, while telecommunications, infrastructure and power supplies advanced about 3 percent each. Nifty broke weekly market prospects Nifty 50 on the technical front above the key resistance of 24,800 and is comfortable above the psychologist 25,000 mark, and has established a strong base. Earlier supports near 24,300–24.400, which coincide with the 200-day EMA and 38.2% Fibonacci circumference, further strengthen the foundation. During the week, the index consistently traded over 25,000-25,300 and tested resistance near 25.600. Fresh support is now placed at 25,000-25.200, while resistance remains at 25,500-25.600, suggesting that consolidation in the 25,000-25,600 tire is in the short term. A definite exposition of more than 25,600 can cause the next leg higher to 26,000, while a decline under 25,000 profits. Bank Nifty Bank Nifty, meanwhile, remained resilient and held the 55,000 support zone and closed at 55,500 with broader support at 53,500–54,000 and resistance to 56,000-57,000. Both PSU and private banks contributed to the stability of the index. Conclusion generally remains the market tone constructive, but a sustained momentum will depend on breakouts above 25,600 on Nifty and 57,000 on bank nifty. Traders are advised to remain selective, adopt a disciplined approach and carefully track global developments and geopolitical signals. Weekly shares to buy or sell Punjab National Bank: Buy at £ 112-113; Stop loss at £ 107; Target price of £ 119. 2. Bajaj Auto: Buy at £ 8970-9000; Stop loss at £ 8800; Target price of £ 9500. 3. ITC: Buy at £ 408-412; Stop loss at £ 396; Target price of £ 430. Disclaimer: The views and recommendations above are those of individual analysts, experts and brokerage companies, not of coin. We advise investors to check with certified experts before making any investment decision.