Archive · 25 Jul 2025
Religare Broking's Ajit Mishra: Stock Picks of Paytm, Indian Bank, and Jindal Steel
A market analyst is suggesting some stocks to buy.
The stock market has been a bit shaky recently.
The analyst recommends Paytm, because its chart suggests it's going up.
Indian Bank is also recommended because it has a strong setup.
Finally, Jindal Steel & Power is recommended because it's also showing positive signs.
These recommendations are based on how these stocks have been performing lately and what their charts look like.
Religare Broking's Ajit Mishra suggests buying Paytm, Indian Bank, and Jindal Steel.
The Nifty 50 fell 0.63% to 25,062 on July 24 and is down about 2% for the month.
Paytm shows a multi-year bottoming reversal pattern, potentially heading towards ₹1,300.
Indian Bank's technical setup is strong, breaking out of a consolidation zone, with a target of ₹705.
Jindal Steel & Power has broken out of a descending trendline, indicating a possible uptrend with a target of ₹1,070.
- Who
- Ajit Mishra of Religare Broking.
- What
- Stock recommendations for the short term.
- When
- As of the publication date.
- Where
- Indian stock market.
- Why
- Due to market volatility and a cautious investor sentiment.
- Nifty 50 close (July 24)
- 25,062
- Paytm LTP
- ₹ 1,106.25
- Paytm Target Price
- ₹ 1280
- Paytm Stop Loss
- ₹ 1,010
- Indian Bank LTP
- ₹ 652.15
- Indian Bank Target Price
- ₹ 705
- Indian Bank Stop Loss
- ₹ 625
- Jindal Steel LTP
- ₹ 1,000.45
- Jindal Steel Target Price
- ₹ 1,070
- Jindal Steel Stop Loss
- ₹ 975