As Indian markets gear up for another volatile trading session on Friday, October 24, 2025, renowned market expert Vaishali Parekh of Prabhudas Lilladher has identified three compelling intraday trading opportunities that could deliver significant returns for savvy investors.
Market Outlook: Cautious Optimism Prevails
The domestic equity benchmarks are showing signs of stability after recent corrections. According to Parekh's analysis, the Nifty index has found support around the 19,250 level, while Bank Nifty is holding firm above 43,500. This technical setup suggests potential for selective buying opportunities in specific stocks.
Top Three Intraday Stock Recommendations
1. HDFC Bank Ltd (BUY)
The banking heavyweight is showing strong momentum with Parekh recommending a buy range between ₹1,580-₹1,585. Traders can target ₹1,615 with a strict stop loss at ₹1,565. The stock's technical indicators suggest bullish momentum building up.
2. Tata Steel Ltd (SELL)
The metal major appears vulnerable to further downside. Parekh advises selling in the range of ₹125-₹126 with a target of ₹120. Maintain a stop loss at ₹128 as the stock faces resistance at higher levels.
3. Reliance Industries Ltd (BUY)
The conglomerate is poised for an upward move with Parekh suggesting entry between ₹2,450-₹2,460. The recommended target is ₹2,510 with stop loss placed at ₹2,425. Positive sectoral cues support this bullish view.
Expert Trading Strategy
Parekh emphasizes the importance of disciplined trading in current market conditions. "While these recommendations show strong potential, traders should strictly adhere to the suggested stop losses and position sizing," she cautions. The current market environment requires careful risk management amid ongoing global uncertainties.
Why These Stocks?
Each selection is backed by thorough technical analysis and sector-specific insights. HDFC Bank benefits from improving banking sector sentiment, Tata Steel faces headwinds in the metal space, while Reliance Industries continues to show resilience across its diverse business segments.
Remember that intraday trading carries significant risk, and these recommendations are specifically for the trading session of October 24, 2025. Market conditions can change rapidly, so continuous monitoring is essential.
