Share Market Today: Trade Setup for Nifty 50, India US Trading Transaction to Trump rates; 8 shares to buy or sell

New of the stock market: Domestic measures, Nifty 50 and Sensex, reached a three-week low on Friday, experiencing their biggest weekly drop in nearly seven months, mainly due to US restrictions on H-1B visas and tariffs on market sentiment affecting the market sentiment. The Nifty 50 fell 0.95% for the day and sat down on 24,654.7, while the BSE Sensex fell by 0.9% to 80,426.46. Both indexes recorded a 2.7% loss during the week. The IT index fell almost 8% for the week, which was the biggest drop in about seven months, following President Donald Trump’s implementation of a $ 100,000 cost of new H1-B visas. The pharmaceutical index fell 2.1% on Friday and fell 5.2% during the week after Trump declared a 100% tax on brand and patented medication, which came into effect on October 1. Trade setup for Monday according to Amruta Shinde, Technical & Derivative Analyst by Choice Broking, the Nifty 50 index had a significant momentum. On the daily chart, the index experienced a strong resistance around the 25,500 level before it dropped, which led to seven consecutive red candles, which is an indication of persistent sales pressure and a negative sentiment. The index fell below the important 24,750 threshold, and finally closed on 24.654. The Nifty 50 is now trading under its 20-day and 50-day EMAs, and it is closer to the 200-day EMA, which indicates a weakened technical setup. A distribution under 24,500 can lead to a further decline to the 24,400 level (200-day EMA) and possibly up to 24.180. On the upside, immediate resistance levels are found at 24,750, then at 24.880 and finally at 25,000. If the index does not regain these levels, the short -term outlook is expected to remain negative. Global Markets, India US Trade Deal and Trump Tariffs Vinod Nair, Head of Research at Geojit Investments, noted that Indian stock markets ended this week with poor performance, with declines in various sectors. The IT sector faced early setbacks due to concerns about raising H-1B visa expenses, which is further exacerbated by the cautious prediction of Accenture. The negative sentiment has tightened as new US rates on pharmaceutical goods have caused a significant downturn in pharmaceutical stocks. Smaller and mid-capitalization supplies had more substantial declines than major cap stocks, which are an indication of tribes of their increased valuations. If we look forward to, investors will focus on the upcoming US economic reports, especially those associated with inflation and employment figures. In the interior, the Reserve Bank of India’s monetary policy decision and statistics on industrial production data are crucial to the formation of the market sentiment. The fundamental prospects for sectors such as banking, FMCG and cars remain positive, waved by supportive domestic policy and macro -economic stability. Shares to buy today regarding shares to buy today, market experts – Sumeet Bagadia, executive director at Choice Broking; Ganesh Dongre, senior manager of technical research at Anand Rathi and Shiju Koothupalakkal, senior manager of technical research at Prabhudas Lilladher, recommended these eight intraday shares for today: Chennai Petroleum Corporation Ltd, Jupiter Wagons Ltd, Rallis India Ltd, Ashok Layland Ltd, Canara Bank, Saman Capital Ltd., Ashoker Lyander, Canara Bank, Motors Ltd, and Banco Products (India) Ltd. Sumeet Bagadia’s shares -kies Chennai Petroleum Corporation Ltd: Bagadia recommends you buy Chennai Petroleum share price at £ 760.5 with a Stopos at £ 735 with a Chennai Petroleum share price of £ 810. Steady recovery of recent lows, reflecting the continued buying interest. Chennai Petroleum share price forms a bullish rising channel pattern, which is an indication of the increasing demand and ongoing upward momentum. It trades well above all key EMAs, which are positive in line and provides strong dynamic support, strengthening the strength of the prevailing tendency. Finally, Chennai Petroleum share price shows a favorable technical setup and offers a compelling buying opportunity, especially for traders who target 810, as long as disciplined risk control is maintained. Jupiter Wagons Ltd: Bagadia recommends buying Jupiter Wagons share price at £ 336.4, and holding a downturn at £ 325 with a Jupiter Wagons share price goal of £ 360. The stock tries to form a base and gradually builds a potential double bottom pattern, indicating a possible reversal if the follow -up sustains. The price trades near the shorter term EMAs, with the medium and long -term EMAs still positioned above, suggesting that although short -term strength arises, the total trend has yet to be confirmed by a decisive outline. In conclusion, based on the current technical conditions, Jupiter Wagons share price offers a strong buying opportunity for short-term traders who target 360, provided measures for risk management management are maintained. Ganesh Dongre’s shares to buy today Rallis India Ltd: Ganesh Dongre recommends that Rallis India share price buy at £ 308 with a Stopos at £ 300 with Rallis India share price goal of £ 330 Rallis India share price has a strong and consistent positive indicate price momentum. The stock is currently trading at £ 308 and has set up a solid support base at £ 300. This level has historically acted as a pillow, and the recent price action indicates a reversal of this support, which strengthens the bullish sentiment. The technical setup indicates the potential for a price hearing after the £ 330 level in the near term. Given the renewed strength and the favorable relationship between risks, it is a strategic opportunity to capture the expected upward move at the current market price with a stop loss placed at £ 110. The prospects remain positive as long as the share above its most important support zone Ashok Leyland Ltd: Ganesh Dongre recommends that the share price of Ashok Layland buy at £ 142 with a Stoposs at £ 136 with Ashok Leyland’s share price goal of £ 150. Ashok Leyland share price has a strong significant Short -term traders offer. The share is currently priced at £ 142 and maintains a strong support for £ 136. The technical setup indicates the potential for a price hearing to the £ 150 level. With the reversal of a support base and signs of renewed strength, the current market price with a stop loss at £ 136 offers a wise approach to capture the expected upside. Canara Bank: Ganesh Dongre recommends that the share price of Canara Bank buy a Stoposs at £ 114 with the Canara Bank share price goal of £ 128 at £ 114. The share price of Canara Bank showed a strongly significant continuous pattern pattern, providing another promising opportunity for short-term traders. The share is currently priced at £ 118 and maintains a strong support for £ 114. The technical setup indicates the potential for a price hearing to the £ 128 level. With the reversal of a support base and signs of renewed strength, the current market price with a stop loss at £ 118 offers a wise approach to capture the expected upside. Shiju Koothupalakkal Intraday Shares for Today Sammaan Capital Ltd: Shiju Koothupalakkal recommends that Sammaan Capital share price buy at £ 137.80 with a £ 146 Sammant share price with a stop loss of £ 135. Gradual slide seen with currently the bias with a positive candle formation on the daily chart and can expect for further rise in the upcoming sessions. The RSI is currently well placed and has shown signs of a turnaround to expect for further profits with the volume participation also visible and the potential of the potential. “With the technically good card, we suggest you buy the stock for an upside down target of 146 to hold the stop loss at the 135 level,” says Koothupalakkal. Eicher Motors Ltd: Shiju Koothupalakkal recommends that Eicher Motors share price buy at £ 7,045 with an Eicher Motors share price goal of £ 7,450 with a stop loss of £ 6.920. The share price of Eicher Motors has seen a strong return over the past 2 months and after a decent consolidation, it again showed signs of improvement with rising volume participation and price action visible to close an optimistic note to expect for further fresh upward move in the upcoming sessions. The RSI has maintained strength and can continue with the positive move further forward. “With the chart that looks technically strong, we suggest you buy the stock for an upside down target of £ 7,450, holding the stop loss at the £ 6.920 level,” says Shiju. Banco Products (India) Ltd: Shiju Koothupalakkal recommends that the share price of Banco products at £ 829 purchases -Sparting price goal of £ 872 with a stop loss of £ 810. The share price of Banco Products recently saw a series of strong advantage and then consolidated with prejudice that is positively maintained with a significant participation in the volume to form a flag pattern on the daily chart, which is expected to be in the coming sessions. RSI is strongly maintained with the potential to continue with the positive move further forward. from Mint.