Ganesh Dongre of Anand Rathi recommends three shares to buy on Monday – Patanjali Foods, Prestige Estates Projects Limited and Redington. Buy or Sell: Ganesh Dongre of Anand Rathi recommends three shares to buy or sell on Monday – August 24, 2025: The Nifty 50 ended the week with 0.80% at 24,870, supported by a positive sentiment to the news of the government’s plan to rationalize GST rates in two pages. Large-cap, mid-cap and small cap indices also achieved almost 1-2 % each. Nifty managed the weekly market prospects Nifty 50 on the technical front to move and move above the important 24,800 resistance level, which expanded the profit to the 25,000 mark. The index previously received support in the 24,300–24,400 zone, which corresponds to the 200-day EMA and the 38.2% Fibonacci circumference from the low of 21,700, making this zone a strong immediate support. For the coming week, if Nifty continues above the 25,000 mark, it can move higher to 25,200–25,500, while it is to the disadvantage, the support lies in the 24,600-24.800 band. Options data highlights the maximum open interest at 25,500, followed by 25,200, while the highest OI is placed on the side of the OI on 24,800 and 24,600, indicating it as the most important levels to look at. Bank Nifty Meanwhile, Bank Nifty continued to hold its immediate support at 55,000 for two consecutive weeks, with a broader support seen in the 54,500-55,000 series and resistance to 56,000 and 57,000 on the upside. Conclusion on a broader timeframe, in general, while the market retains an optimistic undertone, a decisive exposition above the resistance levels – 25,600 for Nifty and 57,000 for banking – will be critical to confirm the resumption of upward momentum, and traders are advised to remain selective with a discipline approach, while to detect global liesure and geopolytic developments. Weekly shares to buy or sell 1. Patanjali Foods (Patanjali), buy at £ 1800-1810; Stop loss at £ 1770; Target price of £ 1880. 2. Prestige Estates Projects Limited (Prestige): Buy at £ 1630-1640; Stop loss at £ 1570; Target price of £ 1750. 3. Redington (Redington): Buy at £ 242-244; Stop loss at £ 232; Target price of £ 260. Disclaimer: The views and recommendations above are those of individual analysts, experts and brokerage companies, not of currency. We advise investors to check with certified experts before making any investment decision.
Buy or Sell: Ganesh Dongre of Anand Rathi recommends three shares to buy on Monday – August 25, 2025
