Buy or Sell: Vaishali Parekh recommends three shares to buy today - April 16, 2025 | Einsmark news

Buy or sell shares: Powered by a strong buying interest in metal, car, IT and property shares, the Indian stock market ended on Thursday for the second direct session. The Nifty 50 index shot up 395 points and closed at 25062, the highest since October 14, 2024. The BSE Sensex rose 1,200 points and closed at 82,530. The Bank Nifty Index rose by 554 points and closed at 55.355. The trading volumes on the NSE cash market were 10% higher compared to the previous session, which was the highest turnover since March 27, 2025. The Nifty Midcap 100 and Smallcap 100 indices continued their upward trajectory for the fourth consecutive day. Both indexes underperformed the benchmark indices, where the Nifty Midcap 100 index rose 0.7%, while the Nifty Smallcap index rose 0.54%. The width of the market remained positive for the fourth consecutive session, with the promotion of shares significantly larger than falling, which led to a pre-cover ratio of two on the BSE. The stock market today Vaishali Parekh, Vice President -Technical Research at Prabhudas Lilladher, believes the prejudice of the Indian stock market has become bullish because the Nifty 50 index closed more than 25,000. Prabhudas Lilladher expert said the index will soon affect 25,400 and 25,800. Vaishali Parekh said on the lookout of Nifty 50 today: ‘The Nifty 50 index amid high volatility was a strong move to violate strongly above the 25,000 zone with a bullish candle formation on the daily chart to strengthen the trend, and expect a further rise in the coming days. As mentioned earlier, the index caused an outline. This opened the gates for fresh upside down targets of 25,400 and 25,800 levels, with great support now positioned near the 24,500 level, which must be maintained to maintain the overall bias intact. ” The Bank Nifty Index was a positive move during the intraday session; However, it must break above the important obstacle of the 55500 level and further upward movements for targets of 56600 and 58500 levels will be in the coming days. On the disadvantage, as mentioned earlier, the important support zone lies near the 54000 zone, which must be sustained to maintain the overall bias intact, ‘Parekh said. Parekh said that the support for Nifty was placed on 24,900 today, while the resistance is at 25,200. Vaishali Parekh today recommended these three buying or selling shares: Tata Technologies, JSW Energy and Birlasoft. £ 440, stop loss £ 422.