Sumeet Bagadia's Stock Picks: Top Three Buys for July 21, 2025

In a market marked by volatility, Sumeet Bagadia, Executive Director at Choice Broking, has identified three stocks for investors to consider buying on Monday, July 21, 2025. These recommendations are particularly timely as the Indian stock market navigates recent fluctuations influenced by the finance and IT sectors' Q1FY26 earnings. The stocks suggested include Nestle India Ltd, ICICI Bank Ltd, and Hindalco Industries Ltd.

As of July 19, 2025, the Indian stock indices experienced a downturn, with the Sensex decreasing by 501.51 points (0.61%) to close at 81,757.73 and the Nifty 50 dropping by 143.05 points (0.57%) to wrap up at 24,968.40. This decline follows a mixed performance throughout the week, where small-cap stocks gained by 1.4%, while both the Nifty-50 Index and Sensex recorded a loss of approximately 1%.

Investors are currently awaiting updates on trade discussions with the United States, with a deadline looming on August 1. According to President Donald Trump, a deal with India is 'nearly complete,' which analysts believe may influence market dynamics significantly.

Bagadia highlights that the market sentiment has weakened, particularly as the Nifty 50 index hovers near its 50-day exponential moving average (DEMA) support level of 24,900. If it breaches this level, analysts anticipate a potential decline toward the subsequent support level of 24,650.

**Stock Recommendations** 1. **Nestle India Ltd**: Bagadia recommends buying shares at ₹2,472.20, with a target price of ₹2,720 and a stop-loss at ₹2,350. Nestle's recent performance shows a consolidation within a defined range, with indications of a possible breakout. The stock has maintained above all key moving averages, suggesting a favorable technical outlook, supported by an RSI of 61.72, reflecting increasing bullish sentiment.

2. **ICICI Bank Ltd**: He suggests purchasing shares at ₹1,425.80, targeting ₹1,560, with a stop-loss set at ₹1,360. The stock is currently showing signs of consolidation after a recent uptrend but has exhibited fresh buying interest near lower levels. The RSI stands at 48.41, indicating potential bullish momentum if prices continue to strengthen.

3. **Hindalco Industries Ltd**: Bagadia recommends buying at ₹675.90, with a target of ₹745 and a stop-loss of ₹645. The stock has shown a healthy pullback after a strong bounce from lower levels, indicating renewed buying interest and a potential reversal in momentum. The RSI is currently at 52.99, suggesting a recovery is underway.

**Market Analysis and Implications** The overall market sentiment remains cautious as investors weigh the implications of ongoing trade negotiations and sector-specific earnings reports. The recommendations from Bagadia come at a crucial time, offering potential entry points for traders looking to capitalize on anticipated market movements. While the recent downturn has created a somewhat bearish environment, the identified stocks demonstrate underlying strength and momentum, providing a glimmer of opportunity for investors willing to engage amidst the uncertainty.

As the trading day approaches, market participants are advised to consider these recommendations in light of their own risk tolerance and investment strategies. A thorough analysis of each stock's performance metrics and market conditions will be essential for making informed decisions in the current climate.

**Conclusion** In conclusion, Sumeet Bagadia's picks for July 21, 2025, reflect a combination of technical analysis and market sentiment. As the Indian equity markets continue to navigate challenges, these stock selections provide potential opportunities for investors looking to enhance their portfolios. Caution is advised, and investors should consult with certified financial advisors before making any investment decisions. The evolving landscape of the market necessitates a vigilant approach, especially as key economic indicators and global trade discussions unfold.