Stocks To Buy Today, Sept 25: Top Picks By Riyank Arora of Mehta Equities For Profitable Trading On Thursday

During the previous session, the Nifty index saw choppy and indecisive trading close to its crucial make-or-break levels, with neither side establishing solid control. The Nifty held barely above the critical 25,050-25,000 mark as it finished the day 112.60 points down at 25,056.90. As selling pressure increased, the Nifty Bank index struggled to maintain its upward momentum, driving it approaching a crucial turning point.

At 55,121.50, the Nifty Bank closed the day 388.25 points down, hovering close to the crucial 55,000-54,900 range. India VIX eased 0.96% to 10.67, reflecting muted volatility despite intraday swings and global uncertainties. With the fear gauge hovering near historical lows, traders appear hesitant to take on aggressive hedges, signalling a complacent yet cautious mood.

Nifty Outlook Today

"The Nifty's broader uptrend has slipped into a pause mode, with four straight sessions of lower closes and a visible pattern of lower highs on the daily chart. The 25,000 mark now stands as a crucial support in order to sustain the bullish structure. While call writers have grown aggressive at at-the-money strikes, put writers are conceding ground and shifting to lower levels, pointing toward a consolidation bias. As long as the index remains capped below the 25,150-25,200 resistance zone, sellers are expected to stay active. A decisive break down below 25,000 could open the door for a slide toward 24,860, keeping the near-term outlook sideways to bearish," said Dhupesh Dhameja, Derivatives Research Analyst, SAMCO Securities.

Bank Nifty Outlook Today

"Nifty Bank's broader uptrend has entered a pause phase after four straight sessions of lower closes and the breakdown from its ascending trendline. The 55,000 mark has now emerged as the make-or-break support zone to defend in order to retain the bullish framework. While call writers have turned aggressive at at-the-money strikes, put writers are retreating and repositioning at lower levels, reflecting a cautious-to-sideways sentiment. As long as the index stays capped below 55,500-55,600, sellers are likely to remain in control. A decisive break below 55,000 could pave the way for a slide toward 54,500, keeping the near-term outlook sideways to bearish," said Dhupesh Dhameja.

Stocks To Buy Today

Technical analyst Riyank Arora of Mehta Equities Ltd. suggested purchasing the stocks listed below on Thursday, September 25.

ONGC

Buy | CMP: Rs 238 | SL: Rs 230 | Target: Rs 255

ONGC has shown strength after a consolidation breakout. With crude-linked sentiment supporting the stock, a move above ₹240 can drive gains toward ₹255. Support is seen at ₹230, keeping the trend positive.

Ather Energy

Buy | CMP: Rs 581 | SL: Rs 560 | Target: Rs 620

Ather Energy is witnessing accumulation with rising volumes near ₹580. A breakout above ₹590 could fuel upside towards ₹620. As long as ₹560 holds as support, the stock remains in a bullish setup.

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