Vaishali Parekh Top Stock Picks for February 21, 2025: Buy These Three Stocks Today
Vaishali Parekh : The Indian stock market continued its volatile trend as the Sensex and Nifty 50 closed in the red for the third consecutive session on February 20, 2025. However, broader markets showed resilience, with small-cap and mid-cap stocks gaining momentum.
Amid the market fluctuations, Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher, has recommended three stocks for traders to buy today. These stocks—Cyient DLM, TVS Motor Company Ltd, and Triveni Engineering & Industries Ltd—are expected to offer good intraday opportunities.
Let’s take a closer look at Parekh’s analysis and key technical levels for the market.
Stock Market Overview: Sensex and Nifty Decline Again
On Wednesday, the BSE Sensex fell by 203.22 points, or 0.27%, closing at 75,735.96. During intraday trading, the index hit a low of 75,463.01, reflecting investor concerns over weak global cues, fresh tariff threats, and foreign fund outflows.
The Nifty 50 also ended lower, slipping by 19.75 points, or 0.09%, to close at 22,913.15. Heavyweight stocks such as HDFC Bank, ICICI Bank, ITC, and Maruti Suzuki India witnessed significant selling pressure, dragging down the indices.
Despite the weakness in frontline indices, the broader market outperformed, with the BSE Smallcap index rising 1.32% and the BSE Midcap index climbing 1.18%.
Technical Outlook: What’s Next for Nifty & Bank Nifty?
Vaishali Parekh noted that Nifty 50 has been trading within a narrow range of 22,800 to 23,000. The fact that the 22,800 level has held firm is a positive indicator for a potential breakout in the coming days.
For Bank Nifty, she pointed out that the index ended in the red near 49,300 but continues to hold crucial support around 48,500. A decisive close above 50,000 would be required for the index to confirm a bullish breakout, targeting 51,700 and 52,500 levels in the near term.
- Nifty Support Level: 22,800
- Nifty Resistance Level: 23,200
- Bank Nifty Range: 49,000 – 50,000
Vaishali Parekh’s Top Stock Picks for Today
1. Cyient DLM (CMP: ₹428)
- Buy at: ₹428
- Target Price: ₹445
- Stop Loss: ₹415
- Rationale: The stock has shown strong momentum and is poised to break out above key resistance levels.
2. TVS Motor Company Ltd (CMP: ₹2,408)
- Buy at: ₹2,408
- Target Price: ₹2,600
- Stop Loss: ₹2,300
- Rationale: The stock has maintained a steady uptrend and is expected to gain further strength in the coming sessions.
3. Triveni Engineering & Industries Ltd (CMP: ₹377)
- Buy at: ₹377
- Target Price: ₹395
- Stop Loss: ₹360
- Rationale: Strong technical indicators suggest the stock is set for a breakout, making it an ideal intraday trade.
Key Financial Ratios of Recommended Stocks
| Stock Name | P/E Ratio | P/B Ratio | Market Cap (₹ Cr) | ROE (%) | Dividend Yield (%) |
|---|---|---|---|---|---|
| Cyient DLM | 28.5 | 5.2 | 7,200 | 18.4 | 0.8 |
| TVS Motor Company Ltd | 35.7 | 9.1 | 1,15,000 | 22.3 | 1.2 |
| Triveni Engineering & Industries | 21.2 | 3.8 | 8,500 | 16.5 | 1.0 |
Conclusion: Is It the Right Time to Invest?
With the Nifty holding above 22,800, traders can expect a potential breakout soon. The market expert suggests that only a clear move beyond 23,350 will confirm a bullish reversal. Similarly, Bank Nifty needs to close above 50,000 to trigger fresh buying momentum.
For short-term traders, Vaishali Parekh’s stock picks—Cyient DLM, TVS Motor, and Triveni Engineering—offer lucrative opportunities with favorable risk-reward ratios.
As always, traders should keep an eye on stop-loss levels and stay updated with global market trends to make informed investment decisions.
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Disclaimer: This blog post is for informational purposes only and should not be considered financial advice. Investors should conduct thorough research and consult with a qualified financial advisor before making any investment decisions.