Top stocks to buy today: Stock recommendations for October 24, 2025 – check list
Stock market recommendations: According to Bajaj Broking Research, the top stock picks for October 24, 2025 are Inox Wind, and Zaggle Prepaid Ocean Services. Here’s its view on Nifty and Bank Nifty:Index View: NIFTYBenchmark indices sustained their bullish trajectory for the fourth consecutive week, propelled by robust global market cues and strong Q2FY26 earnings momentum. Additionally, renewed optimism surrounding the advanced stages of India–US trade pact negotiations further underpinned investor sentiment and amplified risk-on appetite across equities.The Nifty extended its winning streak for the sixth consecutive session on Thursday, closing at a fresh 52-week high near the 25,900 marks. However, it’s noteworthy that after a sharp 1,500-point rally over the past four weeks, the stochastic oscillator on both daily and weekly charts has entered the overbought zone. This suggests the potential for a short-term consolidation or corrective pause at higher levels — a healthy development that could set the stage for the next leg of the uptrend.Given the prevailing global volatility and the ongoing earnings season, any dip from current levels should be viewed as a buying opportunity to accumulate fundamentally robust counters with strong earnings visibility. On the downside, the zone of 25,500–25,700 is expected to act as a strong demand area, coinciding with the 38.2% Fibonacci retracement of the ongoing rally (24,587–25,782) and the recent breakout region — thus providing a solid technical support base.Our constructive outlook is further reinforced by the following developments: After the strong performances in the Auto and Metal sectors, the Bank Nifty has now registered a fresh all-time high, signaling renewed sectoral strength. This broad-based participation is expected to lend additional momentum to the benchmark Nifty, potentially propelling it towards 26,277 — the prior all-time high — and subsequently to 26,600 in the coming month, which represents the measured move target derived from the breakout of the three-month symmetrical triangle consolidation pattern.Key Factors to Monitor Going Forward:
- Progress on tariff negotiations between India and the U.S., as well as between the U.S. and China.
- Easing of the U.S. 10-year Treasury yield, which bodes well for capital inflows into emerging markets.
- Geopolitical developments surrounding the Russia–Ukraine conflict and their potential impact on global risk sentiment.
NIFTY BANKBank Nifty continues to maintain a bullish structure on the daily chart, forming a series of higher highs and higher lows in all time frames. The index during the week has rallied to a fresh all-time high of 58577 levels.Going forward, the index is expected to sustain its upward trajectory, with immediate support placed at 57,500-57600 levels being the last week breakout area and a stronger demand zone seen near 56,800-56,500 levels.On the higher side, resistance is envisaged around 59000 levels being the 138.2% retracement of the entire previous decline (57628-53561).From an oscillator perspective, the Stochastic indicator has reversed upward and is nearing the overbought territory, suggesting a possible phase of consolidation with a positive undertone.Stock Recommendations:Inox WindBuy in the range of Rs 151.00-154.00
The stock has generated a breakout above a falling supply line joining highs of the last 2-3 months signaling strength and offers fresh entry opportunity.The stock is seen sustaining above the 20- & 50-days EMA highlighting short term momentum returning in the stock. It has immediate support at current week low of 144.We expect the stock to move higher towards 168 levels in the coming month being the 50% retracement of the entire decline of last 4 months (198-136)Zaggle Prepaid Ocean ServicesBuy in the range of Rs 350-356
The stock is forming base at the 80% retracement of the previous major up move of May-June 2025 and has witnessed a shallow retracement of its previous up move signaling overall positive bias in the stock.We expect the stock to resume its move and head towards 380 levels in the coming month being the confluence of the 200 day EMA and 50% retirement of the previous decline (417-337).Among the oscillators the daily 14 periods RSI is in up move and is sustaining above its nine periods average thus validates positive bias.(Disclaimer: Recommendations and views on the stock market and other asset classes given by experts are their own. These opinions do not represent the views of The Times of India)
