Sumeet Bagadia's Top Stock Picks for Monday, April 5, 2025: Expert Recommendations

Sumeet Bagadia's Top Stock Picks for Monday, April 5, 2025

As we approach the start of the trading week on Monday, April 5, 2025, renowned market expert Sumeet Bagadia has identified three stocks poised for potential gains. These recommendations are based on thorough technical analysis and current market trends.(mint)

1. Nestle India (NESTLEIND)

• Buy Price: ₹2,238.45

• Target Price: ₹2,450

• Stop Loss: ₹2,125(mint)

Nestle India is currently consolidating near its demand zone after a sharp decline from higher levels. This consolidation suggests a potential base formation, making it an attractive buy opportunity. The stock's strong fundamentals and brand presence further support its growth prospects.(mint, wealthybrains.in)

2. UltraTech Cement (ULTRACEMCO)

• Buy Price: ₹7,500

• Target Price: ₹8,000

• Stop Loss: ₹7,200

UltraTech Cement has shown resilience in the construction sector, with consistent demand for its products. The stock is trading above key moving averages, indicating a bullish trend. Investors can consider entering at current levels, with a target price of ₹8,000.(mint, BizzBuzz)

3. Tata Consultancy Services (TCS)

• Buy Price: ₹3,500

• Target Price: ₹3,700

• Stop Loss: ₹3,400

TCS continues to be a leader in the IT services sector, with strong quarterly results and a robust order book. The stock's technical indicators suggest a continuation of the upward trend. A buy at ₹3,500 with a target of ₹3,700 offers a favorable risk-reward ratio.(mint, mint)

Technical Analysis Insights

Bagadia emphasizes the importance of technical indicators in identifying potential buy opportunities. Key indicators such as the Relative Strength Index (RSI), moving averages, and candlestick patterns play a crucial role in assessing stock momentum and potential reversals.

Risk Management Strategies

While these stocks show promising potential, it's essential for investors to implement sound risk management practices. Setting stop-loss orders and regularly reviewing portfolio performance can help mitigate potential losses.

Sumeet Bagadia's recommendations for Monday, April 5, 2025, provide investors with actionable insights into stocks with strong technical setups and growth potential. As always, it's advisable to conduct thorough research and consider personal financial goals before making investment decisions.