Market Trading Guide: Best Stocks to Buy on Monday for Quick Gains (BEML, DMart, BSE & More)

INDIAN SHARE MARKET UPDATES TODAY 18/08/2025 

Market Summary & Technical Setup

• Nifty ended Friday positively, bouncing back sharply after a three-day consolidation. It closed above the 25,100 mark, reclaiming its 21-day Exponential Moving Average (EMA), which may fuel further upside. Support is placed at 24,850, and as long as it holds, the index remains a “buy on dips”. On the higher side, the move could extend toward 25,350 and beyond.
  
  

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8 Stock Picks for Monday (with Upside Potential)

Here’s a breakdown of each recommendation, including entry point, upside potential, stop-loss, and target levels:

1. BEML
• Buy Price: ₹4,639.50
• Upside: ~6% (Target: ₹4,936)
• Stop-Loss: ₹4,495
• Setup: Breakout from a Cup & Handle pattern, strong bullish candlestick with above-average volume; trading above major EMAs; RSI at 70.26 and rising indicates strong bullish momentum.
  
  
2. DEE Development Engineers (DEEDEV)
• Buy Price: ₹309.70
• Upside: ~6% (Target: ₹328)
• Stop-Loss: ₹300
• Setup: Cup & Handle breakout, solid candlestick and volume; trading above key EMAs; RSI at 66.61 and trending upward.
  
  
3. DMart (Avenue Supermarts)
• Buy Price: ₹4,300
• Upside: ~14% (Targets: ₹4,800–₹4,900)
• Stop-Loss: ₹4,040
• Setup: Ascending triangle breakout with strong bullish candle, rising volumes, immediate support at ₹4,150; RSI at 63.88, gaining bullish momentum.
  
  
4. Bharat Dynamics (BDL)
• Buy Price: ₹1,902
• Upside: ~18% (Targets: ₹2,200–₹2,250)
• Stop-Loss: ₹1,780
• Setup: Flag and pole formation signaling continuation of bullish trend; volume picking up; RSI at 56.36 with room for upside; breakout confirmation over 1,940 would reinforce move.
  
  
5. BSE (Bombay Stock Exchange)
• Buy Price: ₹2,688
• Upside: ~19% (Targets: ₹3,100–₹3,200)
• Stop-Loss: ₹2,500
• Setup: Inside-bar breakout near key support, reversal from the 61.8% Fibonacci retracement, rising volumes; RSI at 55.17, showing gradual bullish sentiment. A close above ₹2,700 would confirm the breakout.
  
  
6. Indus Tower
• Buy Price: ₹404.60
• Upside: ~6% (Target: ₹430)
• Stop-Loss: ₹389
• Setup: Sharp post-consolidation move, bullish crossover of 21 EMA over 50 EMA, rising RSI.
  
  
7. NAVA
• Buy Price: ₹565
• Upside: ~6% (Target: ₹600)
• Stop-Loss: ₹539
• Setup: Rounding bottom breakout, bullish EMA crossover, rising RSI on hourly chart.
  
  
8. CDSL (Central Depository Services Ltd)
• Buy Price: ₹1,680
• Upside: ~13% (Target: ₹1,900)
• Stop-Loss: ₹1,629
• Setup: Support found at 21 EMA; bullish RSI crossover on hourly charts, signaling early trend reversal.

 

Source- Economic Times

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