Copyright © HT Digital Streams Limit all rights reserved. Ankush Bajaj 5 min Read 07 Oct 2025, 01:30 ist Ankush Bajaj recommends three shares for October 7. Summary market expert Ankush Bajaj recommends three shares to buy on October 7. Discover his exclusive choices and analysis to inform your investment strategy. The Indian markets saw a strong bullish sentiment on Monday. After opening on a gap note, shares quickly regained momentum, which bought the entire session steady and closed in green-which indicates renewed power over large indices. Financial and metal shares were the most important drivers behind the recovery. Buy: Indian Oil Corporation Ltd (IOC) – Current price: £ 154.85 Why it is recommended: IOC shows renewed power, supported by the momentum of the strong energy sector and stable crude prices. The daily RSI stands close to 61.3, indicating a bullish momentum. The MACD at +2.7 supports the positive crossing, while the ADX reflects the trend acceleration at 35.8. The stock broke above its short -term consolidation tape, confirming a £ 162 to 162 £ 164 continuation. IMPORTANT STATISTICS: RSI (14-day): 61.3-Bullish Momentum Intact MACD (12,26): +2.7-Tendens Confirmation ADX (14): 35.8 amplification of the technical view: Maintain above £ 151 holds the prejudice, open scope for £ 162- £ 164. Uncertainty about global energy demand can lead to short -term volatility. Buy at: £ 154.85 Stop loss: £ 151.00 Target Price: £ 162-£ 164 Buy: Adani Energy Solutions Ltd-Huid Price: £ 926.65 Why it is recommended: Adani Energy Solutions shows a strong pricing structure and momentum, with the share of the short-term. The daily RSI at 67.5 reflects a healthy bullish momentum, while the MACD confirms continuing trend strength at +6.4. The ADX at 44.1 highlights a powerful trend phase, with rising volumes adding conviction to the move. Key metrics: RSI (14-day): 67.5 bullish and strengthening of MACD (12,26): +6.4-positive, which confirms the trend transport ADX (14): 44.1-a strong trend phase technical view: maintain above £ 913 keep the trend intact, with potential for a move to £ 953. Power tariff policy and regulatory frameworks. Broader market weakness can limit short -term upside down. Buy at: £ 926.65 Stop Loss: £ 913.00 Target Price: £ 953.00 Buy: FSN E-Commerce Ventures Ltd (Nykaa) -Huy Price: £ 255.35 Why it is recommended: Nykaa has shown that a new breakdown of a consolidation area is to improve volumes. The daily RSI is about 64.7, suggesting a healthy bullish momentum without being bought too much. The MACD at +3.2 confirms a positive crossing, which is an indication of the continuation of the trend, while the ADX reflects a reinforcing trend structure at 29.4. The sustaining of more than £ 249 holds the prejudice positive, with the potential for follow-up profits versus £ 267. Important statistics: RSI (14-day): 64.7-bullish and strengthening of MACD (12,26): +3.2-positive crossing, supporting ADX (14): 29.4 trend that strengthens the technical view: Bullish structure retains, pave the way for a move to £ 267. Risk factors: High volatility typical of mid-capitalization technology shares. Any slowdown in discretionary consumption can affect the short -term momentum. Buy at: £ 255.30 stop loss: £ 249.00 target price: £ 267.00 Market Wrap on Tuesday, October 6, 2025, the Indian markets were a strong bullish sentiment. After opening on a gap note, shares quickly regained momentum, which bought the entire session steady and closed in green-which indicates renewed power over large indices. Financial and metal shares were the most important drivers behind the recovery. The Nifty 50 advanced 183.40 points to close at 25,077,65, while the BSE Sensex climbed 582.95 points to settle at 81,790,12. Nifty Bank also showed impressive strength, with 515.60 points to finish at 56,104.85. Sectoral performance leaned broadly positively, with healthcare higher by 1.29%, and the service sector achieved 1.15%, and financial services promoted 1.08%. On the other hand, the metal index fell 0.89%, FMCG fell 0.20%and PSE index increased by 0.08%. In equity-specific actions, Max Health Hospital increased by 6.59%, Shriram Hospital rose 3.97%, and TCS advanced by 2.98%, lenting strong support to the indices. Meanwhile, Tata Steel fell 1.82%, Adani ports fell by 1.31%, and the power grid lowered 0.97%, which covered the upside slightly. Nifty Technical Outlook October 7, 2025 The Nifty 50 continued its upward trajectory on Monday, October 6, 2025, with a strong follow-up to the recent consolidation. The index showed resilience during the session, supported by broad-based sectoral participation and improving technical momentum. From a technical point of view, the index shows renewed strong power. The Nifty is now trading comfortably above its short-term-moving averages, with the 20-DMA at 25,007 and 40 dema at 24,914, both of which act as a fixed support zones. The daily RSI has improved to 55, which strengthens the momentum, while the MACD, although it is still slightly negative on -3, is at the point of a positive crossing, suggesting that a possible shift in short-term trend bias is to bullish. An important development is the 20-HMA intersection above the 40-HMA (20-HMA at 24.894 versus 40-HMA on 24.887), which marks a bullish crossover on the hourly timeframe. This technical signal typically indicates at the beginning of a short-term upward and further potential. On the hourly chart, momentum indicators reinforce this view – the RSI stands at 71, indicating a strong bullish momentum, while the MACD became sharply positive at +77, which confirms the purchase of intraday. Derivative data -analysis The derivatives support the bullish undertone: Total Put OI (24.06 CR) is significantly higher than the total call OI (15.86 CR), which leaves a positive OI difference of +8.21 CR, reflecting the writing of heavy well and strong confidence among bullish traders. The day’s OI change data adds further conviction to the farm OI Rose by 3.90 CR, while Call OI fell by 83.78 Lakh, generating a net positive OI differential of +4.74 CR, which confirms strong support-based activity. The maximum call OI is at the strike of 25,100, suggesting resistance in that zone, while the maximum OI change is seen at 25,200, which marks the next key resistance level. On the side of the side, both the maximum OI and the highest additions are concentrated at the 25,000 strike, making this level the most critical immediate support base for the index. Ankush Bajaj is a Sebi-registered research analyst. His registration number is INH000010441. Investments in securities are subject to market risks. Read all the related documents carefully before investing. Registration granted by SEBI and NISM certification in no way guarantees the performance of the intermediary or gives any returns to investors. Disclaimer: The views and recommendations given in this article are those of individual analysts. This does not represent the views of coin. We advise investors to check with certified experts before making investment decisions. Catch all the business news, market news, news reports and latest news updates on Live Mint. Download the Mint News app to get daily market updates. More Topics #nifty 50 #indian Markets #stock Recommendations Read Next Story
Three shares to buy today: Ankush Bajaj’s best recommendations for October 7
