Stock Market Today: Nifty 50 Trade Setup, Global Cues, Q1 Earnings, and Top 8 Stock Picks for Monday
Weekly Market Overview: Nifty Ends Slightly Lower, Bank Nifty Gains
For the week ended July 25, 2025, the Nifty 50 index closed marginally lower at 24,837.00, slipping nearly 0.5%. On the other hand, the Bank Nifty saw a modest gain, ending at 56,528.90. Among the sectoral indices, Healthcare stood out as a key outperformer, while Realty, FMCG, and IT sectors witnessed notable declines.
In the broader markets, mid-cap and small-cap stocks underperformed significantly, with losses ranging between 1.85% and 3.51%.
Nifty 50 Technical Outlook: Key Support and Resistance Zones
As per Sudeep Shah, VP & Head of Technical and Derivative Research at SBI Securities:- Immediate support lies between 24,600–24,550.
- A sustained breakdown below 24,550 could trigger a correction toward the 24,200 mark.
- On the upside, resistance is expected around 25,100–25,150. A breakout above this range could resume the bullish trend.
Key Events to Watch: Global Cues, Q1 Results, and Economic Data
The markets enter a volatile phase with the July derivatives expiry, ongoing Q1 FY26 earnings, and critical macro data releases:Domestic Data Points:
- HSBC Manufacturing PMI
- Industrial Production (IIP)
- Monthly auto sales figures
- The US Federal Reserve’s interest rate decision
- GDP growth data
- Developments related to US-China trade talks, especially ahead of Trump’s August 1 tariff deadline
Q1 Earnings to Watch This Week
Investors should track quarterly results from major Indian corporates, including:- IndusInd Bank
- Asian Paints
- NTPC
- Tata Steel
- Hindustan Unilever
- Mahindra & Mahindra
- Maruti Suzuki
- Sun Pharma
- ITC, and more.
Top 8 Intraday Stock Picks for Monday, July 28, 2025
Leading analysts have identified high-conviction intraday trades for Monday. Here are eight stock recommendations from experts at Choice Broking, Anand Rathi, and Prabhudas Lilladher:🔹 Sumeet Bagadia – Choice Broking
1. Torrent Pharmaceuticals Ltd (NSE: TORNTPHARM)- Buy at: ₹3,605
- Target: ₹3,880
- Stop-loss: ₹3,480
- Reason: Strong bullish breakout above resistance at ₹3,555; trading at all-time highs with solid volume and momentum.
- Buy at: ₹728.15
- Target: ₹785
- Stop-loss: ₹700
- Reason: Breakout from resistance zone backed by volume; bullish EMA alignment indicates strong price expansion.
🔹 Ganesh Dongre – Anand Rathi
3. National Aluminium Company Ltd (NSE: NATIONALUM)- Buy at: ₹194
- Target: ₹205
- Stop-loss: ₹185
- Reason: Positive reversal from key support zone at ₹185; strong bullish momentum and investor interest.
- Buy at: ₹826
- Target: ₹865
- Stop-loss: ₹810
- Reason: Sustained uptrend; reversal from support zone suggests bullish continuation.
- Buy at: ₹695
- Target: ₹735
- Stop-loss: ₹685
- Reason: Bounce from strong support base; chart indicates near-term upside potential.
🔹 Shiju Koothupalakkal – Prabhudas Lilladher
6. Shyam Metalics and Energy Ltd (NSE: SHYAMMETAL)- Buy at: ₹969
- Target: ₹1,030
- Stop-loss: ₹950
- Reason: Breakout above ₹952 resistance; strong RSI and rising volumes signal further gains.
- Buy at: ₹205.70
- Target: ₹217
- Stop-loss: ₹200
- Reason: Breakout from triangle pattern near 50EMA; bullish RSI trend.
- Buy at: ₹291.50
- Target: ₹310
- Stop-loss: ₹285
- Reason: Positive price action after recent consolidation; strong RSI signals renewed bullish strength.
