Stock market today: Trade setup for Nifty 50, Trump-Zelensky meeting, Russia-Ukraine war; five stocks to buy or sell

By Admin

19 Aug, 2025

The Indian stock market kicked off the new week on a strong note, with the Nifty-50 index ending at 24,876.95, up 1%, while the Bank Nifty closed at 55,734.90, up 0.71%. Auto, consumer durables, and metals led the gains, while broader indices like mid- and small-caps also posted healthy advances of 1.08–1.38%. As global cues remain in focus, domestic markets are poised for further momentum.

Trade Setup for Tuesday

Analysts suggest that the Nifty-50 has the potential to revisit 25,000 in the coming days, with immediate support at 24,800. A fall below this level may drag the index towards 24,500. On the upside, a decisive breakout above 25,000 could spark a larger rally, according to Rupak De, Senior Technical Analyst at LKP Securities.

For the Bank Nifty, support levels are seen in the 54,800–55,000 range, as highlighted by Bajaj Broking. Traders are advised to watch these levels closely for intraday positioning.

Trump-Zelensky Meeting and Geopolitical Impact

The much-awaited meeting between US President Donald Trump and Ukrainian President Volodymyr Zelensky brought renewed attention to the Russia-Ukraine conflict.

Anuj Gupta, Director at Ya Wealth, noted that Trump has shown willingness to back security guarantees for Ukraine, though he ruled out Ukraine joining NATO, which may appease Russia. With Zelensky and Putin also signaling openness to peace talks, global markets, including India, may find support from improving geopolitical sentiment.

Global Markets and Q1 Results Outlook

Siddhartha Khemka, Head of Research at Motilal Oswal Financial Services, pointed out that a combination of policy reforms (GST 2.0), sovereign rating upgrades, tariff relief, RBI and government stimulus, monsoon-driven consumption recovery, and festive demand could fuel corporate earnings recovery in the second half of FY26. This provides a strong medium-term bullish outlook for Indian equities over the next 6–9 months.

Five Stocks to Buy Today

Market experts have identified five stocks for intraday trading opportunities:

Sumeet Bagadia’s Picks (Choice Broking)

1. Kirloskar Oil Engines Ltd (KIRLOSENG)
   
   

• Buy at ₹944.1 | Target: ₹1020 | Stop-loss: ₹911
  
  

• Strong bullish momentum, trading above all major EMAs, nearing breakout above ₹960.
  
  

2. Supreme Industries Ltd (SUPREMEIND)
   
   

• Buy at ₹4,496 | Target: ₹4,820 | Stop-loss: ₹4,338
  
  

• Strong uptrend after breakout from ₹4,060–₹4,400 consolidation zone, backed by volume surge.
  
  

Ganesh Dongre’s Picks (Anand Rathi)

3. Castrol India Ltd (CASTROLIND)
   
   

• Buy at ₹206 | Target: ₹216 | Stop-loss: ₹200
  
  

• Reversal from support, bullish setup with strong risk-reward ratio.
  
  

4. Prestige Estates Projects Ltd (PRESTIGE)
   
   

• Buy at ₹1,625 | Target: ₹1,680 | Stop-loss: ₹1,600
  
  

• Strong bullish trend with support at ₹1,600, potential short-term retracement.
  
  

5. National Aluminium Company Ltd (NATIONALUM)
   
   

• Buy at ₹188 | Target: ₹198 | Stop-loss: ₹183
  
  

• Strong support base at ₹183, showing signs of upside momentum.
  
  

Outlook

With Nifty-50 inching closer to the psychological 25,000 mark and global cues improving, Indian markets may see sustained buying interest in the near term. However, traders should keep an eye on support levels and geopolitical developments to manage risk effectively.

Disclaimer: The views and recommendations in this article are those of individual analysts and brokerage firms. Investors are advised to consult certified financial advisors before making investment decisions.