Buy or Sell: Sumeet Bagadia recommends three shares to buy on Monday - August 18, 2025
Buy or selling shares: The Indian stock market has finally hampered a six -week loss line, as extreme oversold conditions and supportive global clues have lifted the investor sentiment. The Nifty 50 and Sensex ended the week with profits of about 1%, although momentum remained subdued due to persistent foreign outflow. Foreign Institutional Investors (FIIs) continued their aggressive sale and downloaded nearly £ 10,000 in the cash market, while domestic institutional investors (DIIs) took up pressure with a strong purchase worth £ 19,000. Wider markets have staged a recovery in sectors, led by pharmaceutical and car supplies, although FMCG has deteriorated. The stock market next week, Sumeet Bagadia, executive director at Choice Broking, believes that the Indian stock market sentiment has improved after successive events in two straight sessions. However, the choices for choosing brokers said the Nifty faced an immediate obstacle at 24.650. At a closing base above this level, Bagadia predicted another 100-point rally in the 50-shares index. Sumeet Bagadia said about the prospects of the Indian stock market: “The prejudice of the Indian stock market has improved after the relief strains on the last two sessions last week; the 50-sharing index trade in a tight 24,300 to 24,650 series. The broader range of the most important measure is 24,000 to 24.800. 24.800 levels. India. of steady congestion and strong market participation. 63.90, tending upwards, which strengthens the momentum. to bullish dominance and an attractive opportunity for risk policy. 14.300 -Targeting. Supporting its long -term ema, an important dynamic support level, and now shows early signs of a possible turnaround. Stand on 39.84 and show a reversal of lower levels with a positive crossing, which indicates an upcoming upward again. Momentum repair that the disadvantage is limited, making the current setup attractive from a risk-reward point of view. can drive the stock to the £ 2,130 target soon. Consolidation has also taken the form of a rising triangle pattern on the daily timeframe. a shift in momentum of consolidation after continuing the continuation. Short-term Ema and approach its medium and long-term emes. To buy Power Grid Corporation of India shares at the current market price of £ 288.70, with a stop loss at £ 275 to manage the disadvantage risk. Or brokerage businesses, not currency.