Stocks to buy today: Axis Bank, BHEL among top 5 trading ideas for 26 May 2025

The Indian market is likely to trade higher on Monday, tracking positive global cues.

The Nifty future closed positively with gains of 0.96% at 24,890 levels on Friday. India VIX rose marginally to close at 17.28 in the previous session.

On the options front, the maximum Call OI is placed at 26,000 and then towards 25,000 strikes while the maximum Put OI is placed at 24,000 and then towards 24,500 strikes.

Call writing is seen at 24,900 and then towards 25,300 strikes, while Put writing is seen at 24,800 and then towards 24,900 strikes.

“Options data suggests a broader trading range in between 24,300 to 25,300 zones while an immediate range between 24,600 to 25,000 levels,” Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited, said.

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On the weekly chart, the Nifty has formed a small-bodied bearish candle with a long lower shadow on Friday, indicating that buying interest emerged from lower levels.“It formed a bullish candle on the daily chart, negating the sequence of lower highs and ended the day with gains of nearly 250 points,” he added.“Now the Nifty50 has to hold above 24,750 zones for an up move towards 25,100, then 25,300 zones while supports are shifting higher at 24,750, then 24,600 zones,” recommended Taparia.

SBI Life: Buy| Target Rs 1,900| Stop Loss Rs 1,755

Hindustan Copper: Buy| Target Rs 252| Stop Loss Rs 231

Ramco Cement: Buy| Target Rs 1,070| Stop Loss Rs 975

F&O Strategy –

Axis Bank: (May 29 Expiry): Buy| Target Rs 1,270| Stop Loss Rs 1,180

BHEL (May 29 Expiry): Buy| Target Rs 267| Stop Loss Rs 249

(Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)