The Indian stock market is showing promising signs as we approach the final trading session of October 2025, with market expert Vaishali Parekh of Prabhudas Lilladher revealing her top three stock picks for today's trading.
Market Outlook: Bullish Momentum Continues
According to Parekh's analysis, the Nifty index has successfully maintained its position above the crucial 21,300 level, indicating sustained bullish sentiment. The benchmark index is now eyeing the next significant resistance at 21,500, which could trigger the next wave of upward movement.
The banking sector appears particularly strong, with Bank Nifty demonstrating robust performance near the 48,000 mark. This strength in banking stocks suggests institutional confidence and could drive broader market gains throughout the trading day.
Expert Stock Recommendations for 29 October 2025
Vaishali Parekh has identified three stocks that show strong technical setup and potential for immediate gains:
1. NMDC Limited
The mining major is showing strong bullish signals with Parekh recommending buying at current levels around ₹585. The stock has an upside target of ₹615 with a protective stop-loss positioned at ₹575. This represents a potential gain of approximately 5% from current levels.
2. Hindustan Aeronautics Limited (HAL)
The defense PSU continues to attract investor interest with Parekh suggesting entry at ₹6,250. The stock is expected to reach ₹6,550 while maintaining a stop-loss at ₹6,150. This defense stock has been a consistent performer in the current market environment.
3. Gujarat Gas Limited
The city gas distribution company presents an attractive buying opportunity at ₹825 with a target price of ₹855. Traders should place stop-loss at ₹815 to manage risk effectively. The energy sector stock shows promising technical patterns for short-term gains.
Trading Strategy and Risk Management
Parekh emphasizes the importance of disciplined trading approach with clearly defined stop-loss levels for each recommendation. The current market conditions favor selective stock picking with focus on sectors showing relative strength.
Key Trading Insights:
- All three recommendations come with specific entry points and exit targets
- Stop-loss levels are crucial for risk management in volatile conditions
- The market breadth remains positive supporting selective stock movements
- Sector rotation continues to create opportunities in specific counters
As always, investors are advised to consider their risk appetite and consult with financial advisors before making any investment decisions. The stock market recommendations are based on technical analysis and short-term trading perspectives.
