Stock market today: Trading setup for Nifty 50 election results to Maharashtra; 5 stocks to buy or sell on Monday, November 25

Fair today: The benchmark Handy 50 index and S&P BSE Sensex closed with a gain of around 1.5% in the week ended November 22, providing relief to investors. Nifty Bank also followed suit, ending at 51,135.40, while Auto and Realty FMCG were the top gamers. The broader indices also closed with gains.

Trading setup for Monday

As long as the market trades above the 200-day Simple Moving Average or 23600 for Nifty and 77500 for Sensex, the pullback formation is likely to continue, says Amol Athawale, VP-Technical Research, Kotak Securities. On the higher side, Nifty could rise to 24000-24200 and Sensex to 79400-79900

For Bank Nifty, positive momentum is expected to continue towards 52100 from a short-term perspective. The crucial support zone is at 50500 – 50400, said Jatin Gedia, technical research analyst at Sharekhan.

War between Russia and Ukraine, Maharashtra Election Result in Focus

On Monday, the market will react to the outcome of the parliamentary elections in Maharashtra and Jharkhand, along with other global triggers including developments in the Russia-Ukraine war, said Siddhartha Khemka, Head of Research, Wealth Management, Motilal Oswal Financial Services Ltd. Overall, the corporate earnings scorecard for Q2 2025 was weak, but excluding commodities it showed parallel earnings growth. Consumption emerged as a weak spot, while certain segments of the BFSI are facing pressure on asset quality, Khemka said.

Stocks to buy today

Sumeet Bagadia, executive director at Choice Broking, recommended two stock picks for today. Ganesh Dongre, senior manager of technical research at Anand Rathi, has suggested three stock ideas.

SGet to know Bagadia’s stocks to buy today

1) HCL Technologies Ltd– Bagadia recommends buying HCL technologies bee ₹1898.4 Keep stop loss ₹1830 for a target price of ₹ 2015

HCL Technologies is currently trading at ₹1,898.4. The stock has recently emerged from a consolidation phase, which is between 1800 and 1880, and is now trading at its all-time high, confirming its upward momentum. The Relative Strength Index (RSI) stands at 62.58, indicating strong bullish strength.

2) UltraTech Cement Ltd– Bagadia recommends buying UltraTech at Rs11375.3 while retaining Stoploss ₹10975 for a target price of ₹11950

UltraTech is currently trading at ₹11,375.30, which shows a bullish trend. The stock recently broke out of a descending trendline and closed above the critical resistance level of ₹11,300, supported by a notable increase in trading volumes. This indicates strong buying interest and signals further upward momentum. In the short term, the stock seems poised to reach a price target of 0.25 euros ₹11,950.

Ganesh Dongre’s Stocks to Buy Today

3) Aurobindo Pharma Ltd- Dongre recommends buying Aurobindo bee ₹1225 ends Stoploss ₹1204 while maintaining target price of ₹1250.

The stock’s recent short-term trend analysis has revealed a notable bullish reversal pattern. This technical pattern suggests the possibility of a temporary retracement in the stock’s price, potentially reaching around the price ₹1250. Currently, the stock is maintaining a crucial support level at Rs.1204. Considering the current market price of Rs.1225, a buying opportunity arises. This suggests that investors could consider buying the stock at the current price in anticipation of an increase towards the identified target ₹1250.

4) Zydus Lifesciences Ltd– Dongre recommends buying Zydus Life Sciences bee ₹950 ends Stoploss ₹935 for target price of ₹975

The stock’s recent short-term trend analysis has revealed a notable bullish reversal pattern. This technical pattern suggests the possibility of a temporary retracement in the stock price, which could potentially reach around Rs.975. Currently, the stock is maintaining a crucial support level at Rs.935. Considering the current market price of Rs.950, a buying opportunity arises. This suggests that investors could consider buying the stock at the current price, anticipating an increase towards the identified target of Rs.975.

5) Coal India Ltd– Dongre recommends buying Coal India bee ₹415 ends Stoploss ₹407 for a target price of ₹425.

The stock’s recent short-term trend analysis has revealed a notable bullish reversal pattern. This technical pattern suggests the possibility of a temporary retracement in the stock’s price, which could potentially reach around Rs. 425. Currently, the stock is maintaining a crucial support level of Rs.407. Considering the current market price of Rs.415, a buying opportunity arises. This suggests that investors could consider buying the stock at the current price, anticipating an increase towards the identified target of Rs. 425.

Disclaimer: The views and recommendations made above are those of individual analysts or brokerage firms, and not of Mint. We advise investors to contact certified experts before making investment decisions.