Introduction
As Indian markets reopen on Friday after the mid-week holiday, investors are on edge due to ongoing India-Pakistan tensions and mixed Q4 earnings. The Nifty 50 trade setup signals consolidation, with 24,200 acting as the immediate support and 24,550 as a stiff resistance level. With geopolitical concerns looming and market sentiment cautious, expert analysts have identified eight top stock picks poised for action.
Key Market Levels to Watch
- Nifty 50 Support: 24,200 immediate; Strong zone: 24,000–23,800
- Nifty 50 Resistance: 24,550
- Bank Nifty Support: 54,450
- Bank Nifty Resistance: 56,000
Friday’s Top 8 Expert-Recommended Stocks
1. Bharti Hexacom Ltd (BHARTIHEXA)
Buy at: ₹1685 | Target: ₹1700 | Stoploss: ₹1625
This telecom stock recently hit an all-time high of ₹1717 and broke out from a bullish consolidation phase. Strong volumes and investor confidence point to continued momentum.
2. HDFC Life Insurance Company Ltd
Buy at: ₹745 | Target: ₹790 | Stoploss: ₹720
Trading near its 52-week high, HDFC Life shows a bullish Rounding Bottom breakout pattern, suggesting further upside amid strong institutional interest.
3. Hindustan Unilever Ltd (HINDUNILVR)
Buy at: ₹2342 | Target: ₹2420 | Stoploss: ₹2300
This FMCG major is maintaining a bullish trend above its key support, signaling potential continuation in upward movement.
4. Indus Towers Ltd
Buy at: ₹407 | Target: ₹418 | Stoploss: ₹398
The stock recently reversed from a support base with renewed buying activity, creating a favorable setup for short-term gains.
5. Aditya Birla Capital Ltd (ABCAPITAL)
Buy at: ₹197 | Target: ₹207 | Stoploss: ₹190
Currently in an oversold zone, this financial stock is showing signs of recovery with bullish reversal indicators on the daily chart.
6. Apollo Tyres Ltd
Buy at: ₹471.90 | Target: ₹495 | Stoploss: ₹460
After taking support near its 100-period moving average, Apollo Tyres formed a bullish candle with high volumes, indicating a momentum shift.
7. Sobha Ltd
Buy at: ₹1322 | Target: ₹1390 | Stoploss: ₹1294
Post breakout from a descending channel, the stock has stabilized above its 50-EMA, offering a solid opportunity for a technical bounce.
8. Indraprastha Gas Ltd
Buy at: ₹192.59 | Target: ₹204 | Stoploss: ₹188
The stock broke above its 50-EMA backed by volume, and RSI is indicating further bullish strength in the near term.
Conclusion
With geopolitical tensions and Q4 earnings driving market volatility, traders must stay nimble and focus on technically sound setups. The Nifty 50 index may remain range-bound, but sector-specific opportunities still exist. These eight expert-picked stocks reflect strong technical cues and potential for short-term upside.
Next Step: Monitor pre-market cues and global indices closely. For a detailed breakdown of geopolitical impacts on Indian equities, read our guide: How Nifty 50 Reacts to Geopolitical Tensions.
