Market Insights: Stocks to Buy Today, April 15, 2025
By Kshitij Anand, ETMarkets.com
Indian Markets Poised for a Positive Opening
As the Indian stock markets gear up for trading on Tuesday, April 15, 2025, a buoyant atmosphere prevails fueled by strong global cues. The Nifty futures demonstrated a significant upswing, closing with an impressive gain of 2.08% at 22,948 on the previous trading day. Meanwhile, the India Volatility Index (VIX), often seen as a barometer of market fears, eased over 6%, indicating a decline in market volatility.
Analysts forecast that the Nifty index is likely to operate within a trading range of 22,200 to 23,300 in the near term, driven by bullish momentum. The encouraging technical charts support a positive outlook, with various expert stock picks to consider for immediate gains.
Technical Analysis and Trading Range
Chandan Taparia, an analyst from Motilal Oswal Financial Services, noted the shifting momentum captured in the weekly charts. A breakout from an inside bar pattern indicates potential for further advances if buying momentum persists. "For a sustained bullish outlook, the Nifty index should hold above the 22,500 mark," Taparia emphasized, suggesting targets of 23,000 and 23,200. Furthermore, he advised that key support levels are now adjusting to 22,500 and 22,300, reinforcing a cautiously optimistic stance among investors.
Expert Picks for Stock Buyers
In this environment, several stocks have emerged as favored picks among market experts. Below is a list of recommended stocks along with their respective targets and stop-loss levels:
1. Reliance Industries (RIL)
- Recommendation: Buy
- Target Price: ₹1,290
- Stop Loss: ₹1,168
2. Bajaj Finance
- Recommendation: Buy
- Target Price: ₹9,398
- Stop Loss: ₹8,598
3. NTPC
- Recommendation: Buy
- Target Price: ₹375
- Stop Loss: ₹353
4. Titan Company
- Recommendation: Buy
- Target Price: ₹3,400
- Stop Loss: ₹3,130
5. Laurus Labs
- Recommendation: Buy
- Target Price: ₹630
- Stop Loss: ₹590
6. Deepak Fertilizers
- Recommendation: Buy
- Target Price: ₹1,288
- Stop Loss: ₹1,138
These stock recommendations come from recognized analysts and reflect the sentiment towards sectors poised for growth.
Conclusion
With the Indian markets expected to open on a positive note amid favorable global conditions, these stock picks provide a strategic foundation for investors looking to capitalize on short-term trading opportunities. As always, caution is advised while navigating market volatility, and investors should consider their individual risk tolerance when making investment decisions.
Stay tuned for more updates on market trends, stock recommendations, and expert analysis as the trading day unfolds.
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