Stock recommendations by Vaishali Parekh

Buy or sell vaishali parekh recommends three stocks

Vice President — Technical Research at Prabhudas Lilladher)

Market Update – 28 August 2025

Stock Market Today – Outlook by Vaishali Parekh
The Indian market witnessed sharp weakness on Tuesday, August 26, as Nifty slipped 255 points to close at 24,712, breaking below the 50-DEMA support of 24,850. The sentiment turned distinctly bearish after news of a potential 50% tariff on Indian imports by former US President Donald Trump rattled global investors. Realty, PSU Banks, Pharma, Midcap, and Energy shares bore the brunt of selling pressure, while FMCG stocks emerged as the only gainers. India VIX spiked over 3%, reflecting growing caution.

Vaishali Parekh, Vice President–Technical Research at Prabhudas Lilladher, highlighted that 24,500 has now become a crucial support zone for Nifty, and holding above this level is vital to maintain the broader uptrend. On the higher side, a decisive move above 25,000 is needed to revive sentiment and restore positive momentum.

On Bank Nifty, Parekh observed that the index has broken below the 55,000 support, forming a bearish candle and opening the way for a possible slide towards 53,500. For a turnaround, Bank Nifty needs to regain strength above the 55,700 mark (50-DEMA) to confirm recovery and trigger fresh buying interest.

Vaishali Parekh’s stock recommendations for 28 August 2025

1] ABFRL: Buy at Rs.83, Target Rs.87, Stop Loss Rs.80;

2] Devyani International: Buy at Rs.174, Targets Rs.180, Stop Loss Rs.170; and

3] ITC: Buy at Rs.404, Target Rs.412, Stop Loss Rs.400.

FAQs about Vaishali Parekh

Who is Vaishali Parekh?

She is the Vice President of Technical Research at Prabhudas Lilladher, offering daily market outlooks and stock recommendations.

Which stocks did Vaishali Parekh recommend today?

1.ICICI Bank
2.Coforge
3.Sula Vineyards

According to Vaishali Parekh, what are the key support and resistance levels for Nifty?

The index sustained above the 25,000 mark, showing strength but faced resistance near 25,150.
A clear breakout above 25,250–25,300 could trigger a fresh bull leg.
Support: 24,850 (50-DEMA zone).
Immediate range: 24,900 – 25,300.

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