Top 9 Stocks to Buy Today: Bajaj Finance & ICICI Bank Highlighted as Key Trading Picks for March 13, 2025

Investment Insights: Stocks to Watch on March 13, 2025

As the Indian stock market prepares for another trading day, financial analysts are highlighting key stocks that may present significant investment opportunities. Notably, Bajaj Finance and ICICI Bank have emerged as two of the nine recommended stocks for short-term traders looking to capitalize on current market trends.

Market Trends and Analysis

The Nifty index, a major benchmark of the Indian stock market, closed at 22,527, down by 0.17% from the previous session. Although the index has faced some resistance, there are positive indicators from global markets that could influence local trading dynamics. A notable drop in the India VIX, which measures market volatility, fell by 2.7% to close at 13.69, suggesting a potentially more stable trading environment ahead.

Experts suggest that the Nifty has established a broader trading range between 21,800 and 22,800, with immediate fluctuations expected to remain between 22,200 and 22,600. “For the Nifty50 to continue its upward movement, it must hold above the 22,330 mark,” stated Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited. He emphasized the importance of the 22,650 resistance level and support at 22,300. ## Recommended Stocks for the Day

A curated list compiled from various expert analyses presents a selection of stocks that traders might want to consider:

  1. Bajaj Finance

    • Recommendation: Buy
    • Target Price: ₹8,750
    • Stop Loss: ₹8,350
  2. ICICI Bank

    • Recommendation: Buy
    • Target Price: ₹1,300
    • Stop Loss: ₹1,225
  3. Narayana Hrudayalaya

    • Recommendation: Buy
    • Target Price: ₹1,785
    • Stop Loss: ₹1,513
  4. Kaveri Seed Company

    • Recommendation: Buy
    • Target Price: ₹1,213
    • Stop Loss: ₹1,015
  5. Avanti Feeds

    • Recommendation: Buy
    • Target Price: ₹985
    • Stop Loss: ₹770
  6. Jio Financial Services

    • Recommendation: Buy
    • Target Price: ₹234
    • Stop Loss: ₹221
  7. Hikal

    • Recommendation: Buy
    • Target Price: ₹406
    • Stop Loss: ₹383
  8. GMR Airport

    • Recommendation: Buy
    • Target Price: ₹85
    • Stop Loss: ₹72
  9. Aditya Birla Capital

    • Recommendation: Buy
    • Target Price: ₹175
    • Stop Loss: ₹158

It is essential for traders to conduct their own research and consider the risks involved before making any investment decisions. The above recommendations reflect the views of the respective financial experts and may not be indicative of broader market movements.

Conclusion

As the market opens today, traders should remain vigilant and monitor the pricing movements of recommended stocks closely. With key financial indicators showing signs of stabilization, opportunities for profit-making abound, particularly for those looking to navigate through this dynamic trading environment.

For the latest updates on stock performance and expert analyses, stay tuned to Smart Money Mindset.

Leave a Reply

Your email address will not be published. Required fields are marked *