Must-Watch Stocks Today: Vaishali Parekh’s Picks (28 May 2025)

Stock market news: It appears that the Indian equity market remains extremely volatile for a second session, offering opportunities for bulls as well as bears. Nifty 50 Ends the Week at 24,826, Falling Short of 25,000 Resistance Level.

Stock market today

Vaishali Parekh vice president of Technical Research at Prabhudas Lilladher believes the Indian market's bias for stocks is positive, as it is evident that the Nifty 50 index has risen at 24,500. The Prabhudas Lilladher analyst said that there is a possibility that the Nifty 50 index could hit 25,400 when it breaks, and stays above 25,000 levels.

Commenting on the future of the Nifty 50 index today, Vaishali Parekh said, "The Nifty 50 index amid high volatility saw a sharp drop in the morning session, and then hit its low close to the 24750 area, then rebounded however, it once more encountered resistance near the 25,000 mark to fall to close the session close to 24800 with the overall bias remaining positive. The index has to surpass the 25,000 mark for it to continue on its upward trajectory.

"Despite a bright outlook for the market, Bank Nifty continues to be unable to overcome the 55,800 level as profit booking is limiting it to the 54,400-55,800 price range as we mentioned the need for a significant break over the 55800 level is essential to initiate a new upward momentum with as targets 57200 and even 58500 levels within the next few days," said Parekh.

Vaishali Parekh stock recommendations today

Concerning Vaishali Parekh stocks in the present, Vaishali Parekh recommended these three stocks to buy today: Reliance Power, Aarti Industries as well as Refex Industries.

1] Reliance Power: Buy at Rs52, Target Rs56, Stop Loss Rs47;

2] Aarti Industries: Buy at Rs477, Target Rs505, Stop Loss Rs468; and

3] Refex Industries: Buy at Rs459, Target Rs480, Stop Loss Rs445.