Best stock recommendations today - from Marketsmith India

Copyright © HT Digital Streams Limit all rights reserved. The best shares to buy today: Marketsmith India recommends two shares for August 27. Summary Here is the best stock recommendations from Marketsmith India for August 27. On August 26, Indian markets closed sharply lower, with the Nifig 50 ending at 24,712.05, about 1.0% lower (255 points lower). Meanwhile, the Sensex tumbled around 800-849 points and jointly wavered nearly £ 6 trillion in investors. Investor sentiment has acquired amid increasing trading tensions following the announcement of US administration of additional rates of up to 50% on Indian goods, which is under Wednesday. This geopolitical shock was exacerbated by other pressure points such as profit room after recent profits, continued foreign institutional sale, a weakened rupee, rising crude oil prices and caution indicated by technical indicators. Two equity recommendations by Marketsmith India: Buy: Paradeeep Phosphates Ltd (Current Price: £ 225) Why It Is Recommended: Outstanding Operating Performance in FY25, Diverse Product Portfolio and Market Reaching, Strategic Infrastructure and Logistics, and Top ESG faith letters Key Metrics: P/E: 22.90, 52-Week 234.39, Volume: £ 213.02 Crore Technical Analysis: Trend Above all the major moving averages with a positive prejudice risk factors: raw material price volatility and FX exposure, policy and market dependence in a concentrated domestic market, developing agricultural trends: £ 225 Target price: £ 255 in two to three months: Energies Ltd. (Backnory and Backwards: £ 3,265) Integration, Robust Order Book and Executive Key Metrics: P/E: 39.31; 52-week High: £ 3.743; Volume: £ 4,695.11 Crore Technical Analysis: Downward Linking Trendline outbreak Risk factors: Export trading challenges and US investigation risk, intense price competition and supply transfer to: £ 3,200-3,280 Target price: £ 3,800 in two to three months stopping: £ 3,050, August 26, Tuesday, India, India, a Benchmark, performed on August 26, on Tuesday, India, India, India, a Benchmark, performed on August 26, on Tuesday, India, a Benchmark tag on August 26 on Tuesday, Tuesday, India, a sharpness of a sharpness. Correction, with benchmark indices ending more than 1% lower amid a broad sale. The Nifty 50 dropped 255.7 points, or 1.02%, to close at 24,712.05, while the Sensex 849.37 points, or 1.04%, dumped 80,786,54. The intraday weakness was significant, as the Nifty 50, after being opened with a downward gap at 24,899.50, was unable to recover and constantly traded in a negative area and closed near the day of the day. The negative sentiment of the market was mainly driven by geopolitical and macro -economic wind, including the imminent imposition of additional US rates on Indian exports and persistent sale by foreign institutional investors (FIIs). On the sectoral front, Nifty Metal, Realty and Pharma led the decline. The pre-expine ratio was very skewed in favor of bears. However, the FMCG sector has shown a significant resilience, with a modest profits. From a technical perspective, the Nifty confronted 50 sales pressure after maintaining no more than 24.850 as well as the 21-DMA, which is an indication of weakness in the short-term momentum. The relative strength index (RSI) is still inclined and is currently reading 46, which indicates a loss of bullish momentum without entering more oversold area. Meanwhile, the MACD remains in a positive area, but continues under its signal line and the zero shaft. According to O’Neil’s methodology of market direction, market status was downgraded to an ‘upward trend under pressure’, as the Nifty broke its ’50-Dma ‘and the’ distribution day count ‘is three. The index could not sustain more than 24,850 and is currently trading slightly above its 100-DMA. The overall bias became negative, with the following support levels at 24.650 and thereafter 24.450. At the top, immediate resistance is seen at 24,900, followed by the psychological level of 25,000. A sustained move above these resistors would be essential to give renewed power and open scope for a meaningful recovery. How did the Nifty Bank perform yesterday? The Nifty Bank opened on a poor note on Tuesday and traded in a negative area during the session. The index forms a clumsy candle on the daily map, characterized by a lower and lower low structure. It opened at 54,999.05, touched an intraday high of 55.068.90 and dropped to a low of 54,396.10 before sitting down at 54.450.45. The persistent sales pressure reflects broad weakness in bank shares. Remarkable is that all the ingredients of the Nifty Bank ended in the red, which contributed the clumsy sentiment. The momentum indicator, RSI, weakened further and slipped to 33, while the MACD continued to tend below its central line with a sustained negative crossing. According to O’Neil’s methodology of market direction, Bank Nifty is currently classified as an ‘upward under pressure’. In such an environment, investors must take a cautious stand-which is selective, focusing on fundamentally strong and technically resilient stocks, and exercising disciplined risk management, while only deploying capital in high-condemnation opportunities. From a technical point of view, the index violated its 100-DMA on Friday and has since continued to trade under it, indicating sustained sales pressure. Today’s price action further strengthened the disadvantage, increasing the risk of a deeper correction. If the weakness continues, the Nifty Bank can retest its 200-DMA, which lies almost 3% below current levels. On the other hand, a significant recovery and confirmation of the bullish momentum would require the index to regain and maintain about 56,250 above its 50-DMA. Marketsmith India is a stock research platform and advisory service that focuses on the Indian stock market. Brand name: William O’Neil India Pvt. Ltd. (SEBI registered research analyst registration no .: INH000015543) Investments in securities are subject to market risks. Read all the related documents carefully before investing. Registration granted by SEBI and Certification of Nisma does not guarantee the performance of the intermediary or ensuring 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 #stocks to buy #stock recommendation #stock recommendations #stock Markets #Markets Premium Read next story