{"id":219732,"date":"2025-09-12T02:31:24","date_gmt":"2025-09-12T02:31:24","guid":{"rendered":"https:\/\/www.europesays.com\/us\/219732\/"},"modified":"2025-09-12T02:31:24","modified_gmt":"2025-09-12T02:31:24","slug":"stock-market-today-trade-setup-for-nifty-50-global-markets-india-us-trade-deal-8-stocks-to-buy-or-sell-on-friday","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/219732\/","title":{"rendered":"Stock market today: Trade setup for Nifty 50, global markets, India-US trade deal; 8 stocks to buy or sell on Friday"},"content":{"rendered":"

Stock market today: <\/strong>The Benchmark Nifty-50 index managed to end above the psychological 25000 mark at 25,005.50, with gains of 0.13% on Thursday. The Bank Nifty at 54,669.60 ended 0.24% higher. Among sectors while Oil & Gas and pharma led gains for many indices, IT and auto stood among top losers. The broader indices however remained largely flat.<\/p>\n

Trade Setup for Friday<\/strong><\/p>\n

Immediate resistance for Nifty is seen at 25153, derived from previous swing high. On the lower side, a level around 24800 could offer immediate support, as per Nandish Shah – Deputy Vice President, HDFC Securities.<\/p>\n

The Bank Nifty index carries the potential to move towards 55,350, as per Bajaj Broking.<\/p>\n

Global Markets, US Fed rate cuts and Trump Tariffs<\/strong><\/p>\n

It appears that markets have absorbed the initial reaction to favorable developments such as GST reforms and optimism around US\u2013India trade talks, and may now witness a brief pause, said Ajit Mishra \u2013 SVP, Research, Religare Broking Ltd. However, rotational buying across key sectors and early signs of a reversal in themes like defense and railways are likely to keep the undertone positive. “Amid this backdrop, we continue to advocate a \u201cbuy on dips\u201d strategy in the index and suggest focusing on accumulating quality names across sectors and themes that are moving in line with the benchmark.” said Mishra.<\/p>\n

Stocks to buy today<\/strong><\/p>\n

Regarding stocks to buy today, market experts\u2014Sumeet 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 stocks for today: Le Travenues Technolog<\/a>y Ltd (IXIGO), ACME Solar Holdings Ltd., Lupin<\/a> Ltd., Redington Ltd., United Spirits Ltd., Hi-Tech Pipes Ltd., Bajaj Consumer Care Ltd and Gujarat State Petronet Ltd.<\/p>\n

Sumeet Bagadia’s stock picks<\/strong><\/p>\n

    \n
  1. Le Travenues Technology Ltd (IXIGO)- <\/strong>Bagadia recommends buying IXIGO at \u20b9321.8 keeping Stoploss at \u20b9310 for a target price of \u20b9346<\/li>\n<\/ol>\n

    IXIGO is trading at \u20b9321.8, the stock is currently displaying a Long-term uptrend, evident from its recent strong rally. The price structure is forming a sequence of higher lows and higher highs in recent sessions. The rise comes with sizeable bullish candles and increased volumes, indicating notable buying pressure. Supporting the strength of the trend, the 20, 50, 100, and 200-day Exponential Moving Averages are all trending upwards, highlighting solid demand and positive sentiment across various time frames.<\/p>\n

    2. ACME Solar Holdings Ltd- <\/strong>Bagadia recommends buying ACMESOLAR at \u20b9312.95 keeping Stop loss at \u20b9302 for a target price of \u20b9335<\/p>\n

    ACMESOLAR is currently trading at \u20b9312.95, displaying a clear uptrend in its daily chart, with sustained higher highs and higher lows. The stock recently broke out of its consolidation zone and has formed a new all-time high at 318, indicating strong bullish momentum. This bullish structure is supported by rising volumes, confirming the strength behind the price action. The overall trend remains firmly positive, with the 20, 50, 100, and 200-day Exponential Moving Averages all trending upward\u2014underscoring sustained demand and strengthening bullish sentiment across short- to long-term timeframes.<\/p>\n

    Ganesh Dongre’s stocks to buy today<\/strong><\/p>\n

    3. Lupin Ltd<\/strong>– Dongre recommends buying LUPIN<\/a> at \u20b91990 keeping Stop loss at \u20b91960 for target price of \u20b92050<\/p>\n

    Stock has been exhibiting a strong and consistent bullish pattern, indicating sustained investor interest and positive price momentum. The stock is currently trading at \u20b9 1990 and has established a solid support base at \u20b9 1960. This level has historically acted as a cushion, and the recent price action suggests a reversal from this support, reinforcing bullish sentiment. The technical setup points to the potential for a price retracement toward the \u20b9 2050 level in the near term.<\/p>\n

    4. Redington Ltd<\/strong>– Dongre recommends buying REDINGTON at \u20b9242 keeping Stoploss at \u20b9235 for a target price of \u20b9254<\/p>\n

    Stock has exhibited a strong notable continue bullish pattern, offering another promising opportunity for short-term traders. The stock is currently priced at \u20b9 242 and maintaining a strong support at \u20b9 235. The technical setup indicates the potential for a price retracement towards the \u20b9 254 level. With the stock reversing from a support base and showing signs of renewed strength, entering at the current market price with a stop-loss at \u20b9 235 offers a prudent approach to capturing the anticipated upside.<\/p>\n

    5. United Spirits Ltd<\/strong>– Dongre recommends buying UNITDSPR<\/a> or United Spirits at \u20b91318 keeping Stoploss at \u20b91287 for a target price of \u20b91360<\/p>\n

    Stock has exhibited a strong notable continue bullish pattern, offering another promising opportunity for short-term traders. The stock is currently priced at \u20b9 1317 and maintaining a strong support at \u20b9 1287. The technical setup indicates the potential for a price retracement towards the \u20b9 1360 level. With the stock reversing from a support base and showing signs of renewed strength, entering at the current market price with a stop-loss at \u20b9 1287 offers a prudent approach to capturing the anticipated upside.<\/p>\n

    Shiju Koothupalakkal intraday stocks for today<\/strong><\/p>\n

    6. Hi-Tech Pipes Ltd<\/strong>– Koothupalakkal recommends buying HI TECH PIPES at \u20b994.40 for a target price of \u20b9101 keeping Stop loss \u20b992<\/p>\n

    The stock has witnessed a significant correction from \u20b9208 zone and has bottomed out near \u20b986 level thereafter, witnessing a decent pullback having produced a positive candle formation with significant volume participation to improve the bias. The RSI is on the rise getting better indicating much upside potential from current rate. With the chart technically well placed, we suggest buying the stock.<\/p>\n

    7. Bajaj Consumer Care Ltd<\/strong>– Koothupalakkal recommends buying BAJAJ CONSUMER at \u20b9228 for a Target price of \u20b9245 keeping Stop loss at \u20b9222<\/p>\n

    The stock has indicated a strong support near the 50 EMA level at 220 zone and has recovered with a bullish candle formation to improve the bias to expect for fresh upward move in the coming sessions. The RSI is well positioned and has indicated a positive trend reversal to signal a buy with upside potential visible from the current zone. With the chart technically looking good, we suggest buying the stock.<\/p>\n

    8. Gujarat State Petronet Ltd<\/strong>– Koothupalakkal recommends buying GSPL at \u20b9310 for a target price of \u20b9330 for a Stop loss at \u20b9303<\/p>\n

    The stock has indicated a strong bullish candle with huge volume participation witnessed to move past the 50EMA at \u20b9305 level to improve the bias and can anticipate for further rise in the coming sessions. The RSI has gained strength with recently having indicated a buy signal and has further upside potential to carry on with the positive move further ahead. With the chart technically looking good, we suggest buying the stock .<\/p>\n

    Disclaimer:<\/strong> The views and recommendations above are those of individual analysts or brokerage companies, not Mint. We advise investors to check with certified experts before making any investment decisions.<\/p>\n","protected":false},"excerpt":{"rendered":"Stock market today: The Benchmark Nifty-50 index managed to end above the psychological 25000 mark at 25,005.50, with…\n","protected":false},"author":3,"featured_media":219733,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[64,22986,22988,33755,135,8870,10747,10743,119767,67,132,68,119766],"class_list":{"0":"post-219732","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-business","9":"tag-buy-or-sell-stocks","10":"tag-day-trading-guide-for-today","11":"tag-india-us-trade-deal","12":"tag-markets","13":"tag-nifty-50","14":"tag-stock-market-today","15":"tag-stocks-to-buy-today","16":"tag-trade-setup-for-friday","17":"tag-united-states","18":"tag-unitedstates","19":"tag-us","20":"tag-us-fed-rate-cuts"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115188982523840486","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/219732","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=219732"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/219732\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/219733"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=219732"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=219732"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=219732"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}