Top Stock to Buy Today: Stock Recommendations for April 25, 2025 – Lemon Trail Hotel and Electrosteel Casting
Stock market recommendations: According to Bajaj Broking Research, Lemon Trail Hotel and Electrosteel Casting are the top stock pics for today. Here is the idea on Nifty, Bank Nifty and Top Stock Pix for April 25, 2025:
Index View: Nifty
The benchmark indices traded a range in a range with corrective bias on the monthly termination session on Thursday, which was given fuel from a mixture of positive factors, after increasing about 9% in the erstwhile seven sessions. Buying heavyweight stock, a weak US dollar, and fall in crude oil prices promoted overall investor spirit. The rally achieved further traction with progress in trade talks with the US and expansion of mutual tariff exemption.Banking stocks were at the forefront of the profit, as the bank Nifty had removed the CPI data and the forecast of an encouraging monsoon was removed from an encouraging monsoon forecast-the reserves of the Reserve Bank of India reinforced the expectations of the more aggressive rate-cutting cycle by the Reserve Bank of India.
During the current week, the Nifty moved the step and made a fresh high formation to Cy25 at 24,359. The index closed Thursday’s session at 24,246 levels.
Index trends remain strongly positive, we hope that the index will maintain a positive bias and heads towards 24,550, which is 61.8% retracement of the entire decline (26277-21743) (26277-21743) 61.8% retracement and then December 2024 high in the coming weeks. Only one violation below Wednesday low (24120) will indicate a stagnation in the current uplift trend.
After a faster rally of 1,900 points in the last 8 sessions, daily stochastic has been kept in an overbot area. Therefore, some consolidation cannot be ruled out at a higher level. A violation below Wednesday’s low (24,120) can cause some consolidation in the range of 24,350–23,800.
We modify the support base towards 23,800 levels, being Monday’s interval area and recent breakout area. The above index above that will keep short -term bias positive and dips should be seen as purchasing opportunities. Stock specific action will continue to keep in mind because we progress through Q4 income season.
Nifty bank
- Bank Nifty, after a strong rally of 5,800 points or 11% in only seven sessions, saw marginal profit booking in the last two sessions. Recently the rally was led by strong institutional accumulation in frontline banking counters and a remarkable revival in FII flow-a clear risk-perpetration. The hopes of rate cuts and the positive results of large cap private banks promoted emotion. The Reserve Bank of India (RBI) has issued the final guidelines on the liquidity coverage ratio (LCR), which significantly reduce the norms and promote system-wide liquidity enough, which helps to improve emotions for financial companies.
- Bank Nifty has ralled for a new time at all times and has generated a breakout above a wider range of 7 months (54,450–48,000). It has also recorded a rapid retracement of five months of improvement in just two months, indicating renewed strength.
- The daily stocchstic has approached the overbott area after 11% rally in only 7 sessions. Therefore, there will be some consolidation in the range of 54,400-56,000 in sessions coming up by 56,000 levels. Tatkal support Aadhaar is placed at 54,000–54,400 levels, which is Monday’s inter-field and recent major breakout area.
- Whereas a breakout above 56,000 levels will open upwards in 56,800 areas in the coming weeks. Additionally, the bank Nifty/Nifty Ratio Chart is broken from a consolidation range, which suggests constant relative outparforms in the moderate period.
Stock recommendations:
Lemon tree hotel
Buy within the range of Rs 143-146
Stock has generated a breakout above a falling supply line that joins the high level of January and February 2025, which has resumed the signaling of UP trick and provides fresh entry opportunities. Stock is also maintained above short and long -term moving average
We hope that stock will maintain positive bias and the head towards 162 levels in the medium period will be at the previous major high level of January 2025.
Electrosteel casting
Buy at a limit of Rs 108.00-111.00
The price of electrosteel casting shares has generated a breakout over the last 2 months limit (108-88), indicating corrective trend and has also closed over the 50-day EMA.
Daily 14 periods are in RSI uptrend. Thus supports positive bias. We hope that the stock will move towards 128 levels in the medium period, which measures the implications of the last 2 months range breakout (108-88).
Disclaimer: The opinion, analysis and recommendations expressed here are of brokerage and do not reflect the views of the Times of India. Always consult a qualified investment advisor or financial planner before taking any investment decision.
