{"id":43299,"date":"2025-07-06T12:03:08","date_gmt":"2025-07-06T12:03:08","guid":{"rendered":"https:\/\/www.europesays.com\/us\/43299\/"},"modified":"2025-07-06T12:03:08","modified_gmt":"2025-07-06T12:03:08","slug":"buy-or-sell-ganesh-dongre-of-anand-rathi-recommends-three-stocks-to-buy-on-monday-7-july-2025","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/43299\/","title":{"rendered":"Buy or sell: Ganesh Dongre of Anand Rathi recommends three stocks to buy on Monday \u2014 7 July 2025"},"content":{"rendered":"

Buy or sell:<\/strong> The Nifty continued to trade within a well-defined consolidation range of 25,200\u201325,600 throughout the week, closed at 25461, maintaining this zone despite external pressures.\u00a0<\/p>\n

Also Read<\/strong> | Stocks to buy for short term: Jigar Patel of Anand Rathi picks 3 names<\/a><\/p>\n

The index found stability amid rising geopolitical tensions between Iran and Israel<\/a>, managing to hold above the crucial support zone of 25,000\u201325,200.<\/p>\n

Additionally, it sustained the immediate support near 24,800, which coincides with the 61.8% Fibonacci retracement level of the recent corrective move.<\/p>\n

Technical Analysis<\/p>\n

From a technical perspective, a sustained close above the 25,000\u201325,200 zone would signal strong bullish intent, potentially paving the way for an upward move toward 25,600\u201326,000 levels in the coming weeks.<\/p>\n

However, if the index breaches the 24,500 mark, it may trigger a short-term pause or mild correction, especially given the current global uncertainties<\/a>.\u00a0<\/p>\n

Also Read<\/strong> | Multibagger small-cap stock declares record date for FY25 final dividend<\/a>Bank Nifty Outlook<\/p>\n

Bank Nifty ended the week on a strong note, closing at 57,031. The index continues to display strength and now faces immediate resistance at 58,000, with solid support seen near 56,000.<\/p>\n

A decisive breakout above 58,000 could initiate a fresh uptrend, targeting the 58,500\u201359,000 levels. On the downside, any dip toward the 56,000 level is likely to witness buying interest. Long positions are actively building up in PSU banks<\/a> such as SBI, PNB, and Canara Bank, while private banks like Axis Bank, HDFC Bank, and ICICI Bank<\/a> also show accumulation. This reinforces a ‘buy-on-dips’ strategy for Bank Nifty in the near term.\u00a0<\/p>\n

Also Read<\/strong> | Stocks to buy under \u20b9100: Sumeet Bagadia recommends 3 shares to buy on Monday<\/a>Market Strategy & Key Levels<\/p>\n

On a broader timeframe, both Nifty<\/a> and Bank Nifty ended the week above their respective monthly support levels\u201423,800 for Nifty and 54,000 for Bank Nifty\u2014indicating a continuation of the prevailing bullish sentiment.<\/p>\n

For the upcoming week, key levels to monitor include support at 24,800\u201325,000 and resistance at 25,600 for Nifty, while Bank Nifty holds support at 56,000\u201356,500 and faces resistance at 58,000.<\/p>\n

Traders are advised to remain vigilant to global cues and geopolitical developments, which may influence short-term market direction. While the underlying market<\/a> trend remains constructive, a breakout above the mentioned resistance levels would confirm the resumption of upward momentum.\u00a0<\/p>\n

Also Read<\/strong> | Small-cap stock under \u20b920 to be in focus on Monday; here’s why<\/a>Stocks to Buy<\/p>\n

1. Axis Bank (AXISBANK):<\/strong> Buy at \u20b91,170-1,175; Target Price at \u20b91,220; Stop Loss at \u20b91,140.<\/p>\n

2. Home First Finance Co. India Ltd (HOMEFIRST):<\/strong> Buy at \u20b91,350-1,355; Target Price at \u20b91,420; Stop Loss at \u20b91,315.<\/p>\n

3. Tata Chemicals Ltd (TATACHEM):<\/strong> Buy at \u20b9940-950; Target Price at \u20b91,020; Stop Loss at \u20b9920.<\/p>\n

Disclaimer:<\/strong> The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.<\/p>\n","protected":false},"excerpt":{"rendered":"Buy or sell: The Nifty continued to trade within a well-defined consolidation range of 25,200\u201325,600 throughout the week,…\n","protected":false},"author":3,"featured_media":43300,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[33922,17333,64,33927,33929,33926,33928,33923,17320,135,5669,2437,10749,10747,33925,19461,33924,67,132,68],"class_list":{"0":"post-43299","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-axis-bank","9":"tag-bank-nifty","10":"tag-business","11":"tag-ganesh-dongre-stock-picks","12":"tag-ganesh-dongre-stock-recommendations","13":"tag-ganesh-dongre-stocks","14":"tag-ganesh-dongre-stocks-to-buy","15":"tag-home-first-finance-co-india-ltd","16":"tag-indian-stock-market","17":"tag-markets","18":"tag-nifty","19":"tag-stock-market","20":"tag-stock-market-news","21":"tag-stock-market-today","22":"tag-stock-to-buy","23":"tag-stocks-to-buy","24":"tag-tata-chemicals-ltd","25":"tag-united-states","26":"tag-unitedstates","27":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/114806194509934114","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/43299","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=43299"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/43299\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/43300"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=43299"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=43299"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=43299"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}