Mumbai, July 14, 2025 — The Indian stock market wrapped up the week ended July 11 on a cautious note as key indices declined amid global trade uncertainties and the onset of the Q1 earnings season. The Nifty-50 dropped 1.3% to close at 25,149.85, while the Bank Nifty dipped 0.5% to settle at 56,754.70. Most sectors ended in the red, with Auto, IT, and Metal stocks leading the fall, though FMCG stocks managed to buck the trend.
Market Outlook: Key Levels to Watch on Monday
According to Sudeep Shah, Deputy Vice President & Head of Technical and Derivative Research at SBI Securities, the immediate support for Nifty-50 lies in the 24,900–24,850 zone. A breach below this could lead to a slide toward 24,550, while a move above 25,300–25,350 is needed for bulls to regain momentum.
For Bank Nifty, support is expected at 56,200–56,300. A strong hold above these levels will be crucial as markets digest earnings data and macroeconomic signals.
Q1 Earnings & Global Events in Focus
The earnings season picks up pace this week, with companies like HCL Tech, Tech Mahindra, Axis Bank, ICICI Bank, Wipro, JSW Steel, L&T Finance, and HDFC Bank set to announce their results. Meanwhile, investors will also keep an eye on:
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India’s WPI and CPI inflation data (to be released July 14)
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Global cues including U.S. inflation data and China’s GDP
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Crude oil price movement
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FII flows and tariff negotiations
Ajit Mishra, SVP, Research at Religare Broking, emphasized that macro indicators and earnings will set the tone for market movement in the short term.
8 Expert-Recommended Stocks to Buy for July 14
Top market analysts — Sumeet Bagadia (Choice Broking), Ganesh Dongre (Anand Rathi), and Shiju Koothupalakkal (Prabhudas Lilladher) — have shared their intraday stock picks for Monday’s session:
Sumeet Bagadia’s Picks
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CarTrade Tech Ltd (CARTRADE)
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Buy at: ₹1,899.70
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Target: ₹2,020
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Stop Loss: ₹1,830
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Why: Strong breakout after consolidation, new all-time high, bullish candle confirmation.
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Tarc Ltd (TARC)
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Buy at: ₹201.92
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Target: ₹215
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Stop Loss: ₹195
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Why: Bullish EMA alignment and higher high-higher low formation.
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Ganesh Dongre’s Picks
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Larsen & Toubro Ltd (LT)
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Buy at: ₹3,537
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Target: ₹3,700
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Stop Loss: ₹3,470
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Why: Solid upward momentum, technical rebound from support zone.
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Rashtriya Chemicals and Fertilizers Ltd (RCF)
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Buy at: ₹151
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Target: ₹161
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Stop Loss: ₹145
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Why: Positive price structure, supported by technical indicators.
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Jindal Steel & Power Ltd (JINDALSTEL)
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Buy at: ₹937
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Target: ₹970
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Stop Loss: ₹920
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Why: Momentum-driven bullish setup with critical support at ₹920.
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Shiju Koothupalakkal’s Picks
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Paradeep Phosphates Ltd
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Buy at: ₹164.70
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Target: ₹175
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Stop Loss: ₹161
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Why: RSI recovery, support from 50 EMA, breakout from consolidation.
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NRB Bearings Ltd
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Buy at: ₹289.50
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Target: ₹306
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Stop Loss: ₹283
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Why: Higher bottom pattern, increasing volumes, RSI indicates upside.
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Gujarat Pipavav Port Ltd (GUJ PIPAVAV PORT)
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Buy at: ₹158.25
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Target: ₹168
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Stop Loss: ₹154
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Why: Bounce from 50 EMA, bullish candle, technical upside anticipated.
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With the broader markets under pressure, technical analysts are pointing to selective buying opportunities in fundamentally strong and technically positive stocks. As the earnings season heats up and key macro data points are awaited, traders are advised to stay cautious, follow stop-losses, and trade selectively.
Disclaimer: The stock recommendations are based on expert technical analysis. Investors are advised to do their own due diligence or consult their financial advisor before making investment decisions.
