News of the Stock Market: Benchmark Indices Sensex and Nifty 50 ended Wednesday, ending their upward trend of four days as a result of selling pressure in major shares such as Reliance Industries and HDFC Bank. In a day characterized by volatility, the 30-share BSE Sensex fell by 153.09 points or 0.19 percent and closed at 81,773,66. During the day it reached a high of 82,257.74 and dropped to a low of 81,646.08, with 611.66 points. The Nifty 50 dropped by 62.15 points or 0.25% to finish at 25,046.15. Analysts have noted that profitable take in the car, real estate and banking sectors contributed to the drop of the markets. The drop in the market is mainly attributed to poor global trends and pressure in certain domestic sectors. Although shares remained stable, the declines in real estate and banking sectors deducted the market. According to experts, previous profits have reduced as the results of mixed earnings and caution in important economic data and policy updates made attention. The Nifty 50 setup for Thursday according to Rupak de, senior technical analyst at LKP Securities, it seems that the Nifty 50 consolidation is undergoing a downward trend after a significant increase from the 24,600 point. This withdrew about after the 38.20% Fibonacci level of the previous increase between 24,587 and 25.220, indicating a correction within a continuous rally. The current upward trend is expected to remain valid as long as the index is above 24.970; The world markets at TCS Q2 earnings Vinod Nair, head of research at Geojit Investments, noted that national indices experienced a turbulent trade session, moderated by profitability to a significant market condition. The investor sentiment was careful before the Q2 earnings season, which resulted in the marketing participants reconsidering valuations and growth prospects. The sector performance varied, with IT shares obtained as a result of strong demand and attractive valuations, while the car, bank and FMCG sectors sold. Increased global uncertainties and the ongoing strike of the US government have driven gold prices to a peak of all time, indicating a greater risk-enforcement among investors. The focus is now shifting to the September FOMC Minutes for insights into the Fed’s future policy direction. According to Nair, the attention of the market will move to domestic earnings, macro -economic indicators and the approaching festive season, although world factors will still be important. 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 seven Intraday shares for today: Global Health Ltd, CESC Ltd, Tata Elxsi Ltd, State Bank of India, Bharti Airtel Ltd, V-Mart Letail Ltd, Zydus Ltd. Ltd, and Va Tech Wabag Ltd. Sumeet Bagadia’s shares choose Global Health Ltd (Medanta): Bagadia recommends that you buy global health share price at £ 1,386,40 to keep a stop at £ 1.339 with a global health share price goal of £ 1,480. Medanta share price traded at £ 1,386.40, which maintains a strong bullish structure as it still forms a higher and higher low pattern on the daily chart, indicating a positive momentum. The stock also moves within a channel series pattern, suggesting that a well -defined consolidation zone is before a possible exposition. In conclusion, Medanta share price offers a favorable buying opportunity at current levels, supported by a strong technical setup. Traders can consider buying around £ 1,386.40 with a stop loss at £ 1.339 for a target of £ 1.480, which maintains disciplined risk management. CESC LTD: Bagadia recommends buying your CES SHARE PRICE at £ 166.19, and holding a downturn at £ 161 with a CES share price goal of £ 176. Cesc share price traded at £ 166.19, with a steady upside movement after seeing a clear shift in momentum. The stock showed resilience by taking strong support near its 200-day ema of the disadvantage, which means the presence of active buying interest and a strong congestion zone at lower levels. In conclusion, CESC offers a promising buying opportunity at current levels, with a protective stop loss at 161 and the potential for further profits versus £ 176, supported by improving technical indicators and a robust trend setup. Ganesh Dongre’s shares to buy today Tata Elxsi Ltd: Ganesh Dongre recommends you buying Tata Elxsi share price at £ 5.450 with a stoposs at £ 5.300 with Tata Elxsi share price goal of £ 5.700. A short-term trend analysis of the stock reveals encouragement of technical signals that indicate a possible bullish reversal. In the short -term card, a prominent candlestick pattern of the candlestick arose, which is an indication of a shift in the momentum of selling pressure to buying interest. The relative strength index (RSI) recently added the review, and recently entered the oversold zone, suggesting that the stock may be off current levels. This confluence of technical indicators increases the likelihood of a return yield in the short term. Tata Elxsi share price traded at £ 5.450, while he was above an important support zone at £ 5.300, which proved to be a strong demand level. Based on the current setup, a move to the next resistance level at £ 5.700 looks likely. With a favorable risk profile, buying current levels can be considered, which keeps £ 5.300 as an important support and £ 5.700 as the potential short -term goal. State Bank of India (SBI): Ganesh Dongre recommends that SBI share price buy at £ 858 with a stop at £ 840 with the SBI share price goal of £ 880. In the recent short -term trend analysis, the stock showed the stock of a possible bullish retracement, supported by emerging technical indicators. A reversal pattern on the graph indicates the possibility of an upward move, with a target on the short term around £ 880 SBI share price at £ 858, with a strong support base at £ 840. Given the favorable pricing structure and proximity to support, a buying opportunity develops at current levels. Traders and investors may consider entering positions of around £ 858, and expect a possible upside to £ 880, while watching a closely at £ 840 as the immediate support. Bharti Airtel Ltd: Ganesh Dongre recommends buying Bharti Airtel share price at £ 1.939 with a stoposs at £ 1,910 with Bharti Airtel share price goal of £ 1,980. A recent short -term analysis of the stock reveals the rise of a bullish reversal pattern on the map, indicating a possible return on the near term. This formation indicates the potential for a move to the £ 1.980 level, supported by improving price action. Bharti Airtel traded at £ 1.939, while holding above an important support zone at £ 1,910, which has recently acted as a reliable floor. This support level strengthens the bullish bias and provides a favorable basis for a possible upward movement. Given the current market structure and positive technical setup, there is a buying opportunity of around £ 1,939. Merchants and short -term investors may consider starting long positions, which is aimed at £ 1,980, with £ 1.910 acting as an important drawback support. The confluence of the bullish reversal pattern and continued support at lower levels indicates a constructive risk-reward ratio in the current scenario. Shiju Koothupalakkal Intraday Shares for Today V-Mart Retail Ltd: Shiju Koothupalakkal recommends that you buy V-Mart retail price at £ 836 with a V-Mart retail price goal of £ 885 with a stop loss of £ 820. SMA on 800 zone moves to strengthen the trend and thereafter, with a flag pattern formation on the daily map, once again indicated a decent rise with the participation in volume visible to expect for another fresh round of upward movement. “If the card looks technically attractive, we suggest you buy the stock for an upward target of 885 to hold the stop loss at 820 level,” says Koothupalakkal. Zydus Wellness Ltd: Shiju Koothupalakkal recommends that you buy Zydus Wellness share price at £ 459 with a Zydus Wellness share price goal of £ 487 with a stop loss of £ 448. level and indicated that a positive candle formation on the daily map is beyond the important 50EMA at 453 level to improve the prejudice and to expect for further rise in the upcoming sessions. The RSI has correctly corrected the highly overbought zone and is currently well placed, indicating a positive reversal of the tendency to indicate a buy and visible with a very upside potential, can continue with the positive move further forward. “With the technically good card, we suggest you buy the stock for an upside down target of 487, which holds the stop loss of 448 level,” says Shiju. VA Tech Wabag Ltd: Shiju Koothupalakkal recommends that you buy Va Tech Wabag share price at £ 1,414 with a Va Tech Wabag share price goal of £ 1.485 with a stop loss of £ 1.387. The stock has correctly corrected over the past 2 weeks, with the support of currently supporting near 1.394 zone and thereafter, indicating a retreat with improving prejudice and significant participation in the volume visible to expect for further rise in the coming days. The RSI has charged a positive reversal of tendency to indicate a purchase of the oversold zone up to a potentially visible and can continue with the positive move further forward. “If the card looks technically attractive, we suggest you buy the share for an upward target of 1.485 to keep the stop loss at 1.387 level,” says Koothupalakkal. Disclaimer: The views and recommendations above are those of individual analysts or brokerage companies, and not of currency. We advise investors to check with certified experts before making investment decisions.
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