Choosing the right stocks at the right time is critical for investors in the share market. Vaishali Parekh, Prabhudas Lilladher’s chief technical analyst, has identified three stocks as attractive opportunities for intraday or short-term trading today, 15 April 2025. Based on her analysis, here are the details of these stocks:
1. Reliance Industries Limited (RIL)
- Sector: Energy & Telecom
- Current Level: ₹3,200 (approx)
- Target: ₹3,350–3,400
- Stop Loss: ₹3,120
- Reason: Chart pattern shows a “breakout” and strength in the energy sector.
2. HDFC Bank
- Sector: Banking
- Current Level: ₹1,850 (approx)
- Target: ₹1,920–1,950
- Stop Loss: ₹1,810
- Reason: Support at 200-EMA and expectations of improved credit growth.
3. Tata Power
- Sector: Power & Renewable Energy
- Current Level: ₹380 (approx)
- Target: ₹405–415
- Stop Loss: ₹365
- Reason: Expansion in green energy projects and bullish technical indicators.
Advice for Investors
According to Vaishali Parekh, investors should monitor market volume and trend confirmation before taking short-term positions in these stocks. Strict adherence to stop-loss levels is advised to manage risks effectively.
Disclaimer: This recommendation is for informational purposes only. The stock market is subject to risks; consult your financial advisor before investing.