Stock Market Today: Nifty-50 index fell 0.35% to close at 24,768.35 yesterday under the bear pressure of President Trump’s tariff announcement on the sentiment. Bank Nifty fell 0.34% to close at 55,961.95 while most other segments fell on the day, led by the decline in pharma, metal, and oil & gas segments. Only FMCG rose today but the indices fell along with mid- and small-cap down by around 1%. 

Trade Setup for Friday

It is a compelling bullish start is around the corner if Nifty crosses the 25000 break convincingly.

Nifty has a support of 24,600 on the downside and is trading in a tightening range, says Rupak De of LKP Securities. A directional movement should occur only in the event that it breaks above 25,000 or goes below 24,600. The market will be range-bound until then.

As Bank Nifty, it also seems to have solid support in the 55,500-55,000 zone.

Global Markets and First Quarter Results

On Thursday, there was a shift towards investing in domestic trends as the focus changed to non-discretionary sectors, such as FMCG, as a result of strong consumer demand and lower tariff risks. However, domestic oil & gas stocks took a dip following a warning by the US over energy imports from India.There is caution in the market, but confidence is still being held up. During the report market analysts Sumeet Bagadia, Ganesh Dongre, and Shiju Koothupalakkal gave out a probable list of stocks to watch out for on Intraday: CarTrade Tech, Acutaas Chemicals, Bank of India, Glenmark Pharmaceuticals, Divis Laboratories, Balaji Amines, Aditya Birla Capital, and Raymond Lifestyle are among the key listed companies.

Sumeet Bagadia’s suggestions

1. CarTrade Tech Ltd: Bagadia has a buy recommendation on CARTRADE trading at around ₹2186.55 materially, put stop loss of ₹2100 with a target of ₹2322.

CARTRADE is now trading at 2186.5 and following its bullish trend. The rally above the previous level is a clear breakout after the period of consolidation in high volume. It should also be kept in mind that the 20 EMA is rising and the gaps between the 20 EMA and other moving averages are widening signaling bullish momentum with relation of the price widening.

2. Acutaas Chemicals Ltd: Bagadia recommends buying Acutaas Chemicals around ₹1,327.40, with a target of ₹1,415 and a stop-loss set at ₹1,275.

ACUTAAS started at ₹1327.4 with a bullish candle being registered in today’s session after sharp consolidation with up move already seen. The daily chart supports action in breaking the consolidation of almost a month.

ACUTAAS has been trading in a narrow range for weeks at 1,150–1,234 only to register today’s price action as an extension of the recent supportive price action

Ganesh Dongre’s stocks to purchase today.

3. Bank of India: Buy at (₹111), Target Price (₹117), Stop Loss (₹108)- Dongre

Bank of India is right now on a bullish trend with very good support at ₹107. After now seeing a bounce off this level, it looks like buyers have returned to the stock. Dongre said that he would advocate a buy near ₹111 since the technicals state there was upside to ₹117, with a positive risk/reward ratio.

4. Glenmark Pharma: Buy at ₹2133, Target ₹2220, Stop Loss ₹2100 – Dongre

There has been a strong, powerful, unbroken bullish trend in the stock, offering even another likely short trade for short-term traders. The stock is presently valued at ₹2133, with a strong long-term support level established around ₹2100. Technical setup indicates the stock will be retracing prices towards the likely price spike at ₹2220 level. The stock is already at price and has a support base, with strength holding into trade under such a situation. While initiating the trade at the current market price, place stop-loss at ₹2100 level.

5. Divis Labs: Buy at ₹6600, Target ₹6850, Stop Loss ₹6450 – Dongre

The stock has displayed an extremely strong, significant, persistent bullish trend, indicating even another short-term trader’s potential trade. The stock is at ₹6600, with good long-term support at ₹6450. The technical setup shows the stock bouncing prices against the probable price spike at the ₹6850 level. The stock is in price and is well-supported by a base, sustaining strength into trade under such a scenario. If you take the trade at the present market rate, simply put the stop-loss at ₹6450 level.

Shiju Koothupalakkal intraday stocks today

6. Balaji Amines Ltd: Koothupalakkal advises buying Balaji Amines near ₹1,768, aiming for a target of ₹1,850 and placing a stop-loss at ₹1,730.

The stock has formed a higher bottom on the daily chart where it rested on the confluence of 200-period MA and 50 EMA levels of ₹1650 and the steep pullback changed the bias to one of more increase. The RSI also bounced back well from the over-bought level, is poised to move higher, and formed a buy signal indicating with enough upside potential from the current rate to carry on with the move higher from selling pressure. The chart is technically good, and thus we recommend buying this stock.

7. Aditya Birla Capital Ltd: Koothupalakkal suggests a buy on Aditya Birla Capital at ₹256.65, with a target price of ₹270 and a stop-loss set at ₹249.

The stock has continued to stay in short term correction following a strong run-up to seek support above The key 50EMA shows a strong bullish bias, aiming to sustain the upward momentum in upcoming sessions. The RSI is now nearly at the oversold point, we see the potential for the upside with the reversal at this point to indicate a buy. With the chart overall technically good, we proceed and recommend a buy for the stock.