MarketSmith India, a stock research platform, has released its top stock picks for July 17, 2025, providing insights for investors looking to make informed decisions. MarketSmith India utilizes tools for stock analysis, including screeners, watchlists, and pattern recognition, to assist investors. The platform focuses on growth stocks and breakout patterns, employing the CAN SLIM investing methodology.
Market Overview
On July 14, 2025, the Nifty50 index experienced a volatile trading session, closing down 0.27% due to losses in the IT and financial sectors. Weak earnings reports from TCS and a cautious outlook for the IT sector impacted investor sentiment, causing the Nifty IT index to decline by over 1%. Financials also saw profit-booking before crucial earnings announcements. New tariffs announced by the U.S. on imports from the EU and Mexico further dampened global risk appetite. The broader market remained in a state of consolidation as investors awaited Q1 earnings.
The Nifty 50 exhibited continued volatility, opening lower and weakening throughout the day. The daily chart displayed a bearish candle, characterized by a "lower-high, lower-low" pattern.
Previous Stock Picks
On July 15, 2025, MarketSmith India's top two stock picks were in the power sector and Aditya Birla Sun Life AMC Ltd. The power sector pick was based on strong power trading volume recovery, diversification into renewable energy, and asset monetization. Aditya Birla Sun Life AMC Ltd was recommended due to strong AUM and revenue momentum, robust SIP growth, a diversified product line, and positive industry tailwinds.
Insights from William O'Neil India
William O'Neil India reported a Confirmed Uptrend in the Indian Stock Market, indicating a favorable environment for investors to capitalize on emerging breakout stocks and growth opportunities. This development occurred as the Nifty traded above key moving averages, reinforcing bullish momentum in line with the CAN SLIM investing methodology. Sectors like Realty, Pharma, and IT showed resilience.
Additional Stock Recommendations
Sumeet Bagadia has recommended Krishna Institute of Medical Sciences Ltd (KIMS) and Schneider Electric Infrastructure Ltd. Bagadia suggests buying KIMS around ₹742.95, with a stop loss at ₹716 and a target price of ₹805, noting its strong bullish momentum and recent all-time high. For Schneider Electric Infrastructure Ltd, the recommendation is to buy around ₹886, with a stop loss at ₹854 and a target price of ₹957, citing its strong upward trajectory and breakout from a rounding bottom formation.