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Stock marketplace recommendations: According to Bajaj Broking Research, the apical banal picks for October 24, 2025 are Inox Wind, and Zaggle Prepaid Ocean Services. Here’s its presumption connected Nifty and Bank Nifty:Index View: NIFTYBenchmark indices sustained their bullish trajectory for the 4th consecutive week, propelled by robust planetary marketplace cues and beardown Q2FY26 net momentum.
Additionally, renewed optimism surrounding the precocious stages of India–US commercialized pact negotiations further underpinned capitalist sentiment and amplified risk-on appetite crossed equities.The Nifty extended its winning streak for the sixth consecutive league connected Thursday, closing astatine a caller 52-week precocious adjacent the 25,900 marks. However, it’s noteworthy that aft a crisp 1,500-point rally implicit the past 4 weeks, the stochastic oscillator connected some regular and play charts has entered the overbought zone.
This suggests the imaginable for a short-term consolidation oregon corrective intermission astatine higher levels — a steadfast improvement that could acceptable the signifier for the adjacent limb of the uptrend.Given the prevailing planetary volatility and the ongoing net season, immoderate dip from existent levels should beryllium viewed arsenic a buying accidental to accumulate fundamentally robust counters with beardown net visibility. On the downside, the portion of 25,500–25,700 is expected to enactment arsenic a beardown request area, coinciding with the 38.2% Fibonacci retracement of the ongoing rally (24,587–25,782) and the caller breakout portion — frankincense providing a coagulated method enactment base.
Our constructive outlook is further reinforced by the pursuing developments: After the beardown performances successful the Auto and Metal sectors, the Bank Nifty has present registered a caller all-time high, signaling renewed sectoral strength. This broad-based information is expected to lend further momentum to the benchmark Nifty, perchance propelling it towards 26,277 — the anterior all-time precocious — and subsequently to 26,600 successful the coming month, which represents the measured determination people derived from the breakout of the three-month symmetrical triangle consolidation pattern.Key Factors to Monitor Going Forward:
- Progress connected tariff negotiations betwixt India and the U.S., arsenic good arsenic betwixt the U.S. and China.
- Easing of the U.S. 10-year Treasury yield, which bodes good for superior inflows into emerging markets.
- Geopolitical developments surrounding the Russia–Ukraine struggle and their imaginable interaction connected planetary hazard sentiment.
NIFTY BANKBank Nifty continues to support a bullish operation connected the regular chart, forming a bid of higher highs and higher lows successful each clip frames. The scale during the week has rallied to a caller all-time precocious of 58577 levels.Going forward, the scale is expected to prolong its upward trajectory, with contiguous enactment placed astatine 57,500-57600 levels being the past week breakout country and a stronger request portion seen adjacent 56,800-56,500 levels.On the higher side, absorption is envisaged astir 59000 levels being the 138.2% retracement of the full erstwhile diminution (57628-53561).From an oscillator perspective, the Stochastic indicator has reversed upward and is nearing the overbought territory, suggesting a imaginable signifier of consolidation with a affirmative undertone.Stock Recommendations:Inox WindBuy successful the scope of Rs 151.00-154.00
| Target | Stop loss | Return | Time Period |
| Rs 166 | 144 | 8.50% | 1 Months |
The banal has generated a breakout supra a falling proviso enactment joining highs of the past 2-3 months signaling spot and offers caller introduction opportunity.The banal is seen sustaining supra the 20- & 50-days EMA highlighting abbreviated word momentum returning successful the stock. It has contiguous enactment astatine existent week debased of 144.We expect the banal to determination higher towards 168 levels successful the coming period being the 50% retracement of the full diminution of past 4 months (198-136)Zaggle Prepaid Ocean ServicesBuy successful the scope of Rs 350-356
| Target | Stop loss | Return | Time Period |
| Rs 380 | 337 | 8% | 1 Months |
The banal is forming basal astatine the 80% retracement of the erstwhile large up determination of May-June 2025 and has witnessed a shallow retracement of its erstwhile up determination signaling wide affirmative bias successful the stock.We expect the banal to resume its determination and caput towards 380 levels successful the coming period being the confluence of the 200 time EMA and 50% status of the erstwhile diminution (417-337).Among the oscillators the regular 14 periods RSI is successful up determination and is sustaining supra its 9 periods mean frankincense validates affirmative bias.(Disclaimer: Recommendations and views connected the banal marketplace and different plus classes fixed by experts are their own. These opinions bash not correspond the views of The Times of India)
