Buy or Sell: Vaishali Parekh Recommends Three Intraday Stocks for Today — Delhivery, Ashok Leyland, Hindalco Industries
Stock Market Today (6 November 2025): The Indian stock market started Thursday’s session on a weak note, mirroring global cues. After a brief attempt to stabilize, benchmark indices slipped into a corrective phase as selling pressure intensified throughout the day.
By the close, the Nifty 50 index fell below the 25,600 mark, ending at 25,584.50, down 0.64%, while the BSE Sensex dropped 519 points to 83,459. The Bank Nifty also ended 274 points lower at 57,827, signaling broad-based weakness across sectors.
Market Sentiment and Nifty Outlook
According to Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher, the market sentiment has turned fragile as the Nifty 50 slipped below the 25,600 level. She expects the index to test the 25,400 zone in the coming sessions.
“The Nifty 50 index fizzled out the gains from the previous session, sliding gradually from the 25,750 zone to close just below 25,600. The sentiment looks a bit shattered, and a further slide toward the 25,400–25,450 zone is likely,” said Parekh.
“A decisive move above the 25,750 zone will help revive market sentiment and maintain the overall uptrend. Immediate support is placed near 25,400,” she added.
Bank Nifty Outlook
On the Bank Nifty, Parekh noted that the index continues to trade within a narrow range, resisting near the 58,100 level and ending the session close to 57,800.
“A breakout above 58,500 is essential to trigger a fresh upward move toward the 60,000 mark,” she said.
“The crucial support level remains at 57,500, which must hold to sustain the current bias.”
For the near term, Parekh expects the Bank Nifty’s trading range to be 57,500–58,400.
Key Technical Levels to Watch
Nifty 50 Support: 25,450
Nifty 50 Resistance: 25,800
Bank Nifty Support: 57,500
Bank Nifty Resistance: 58,400
Vaishali Parekh’s Intraday Stock Recommendations for Today
Here are the three intraday stock ideas recommended by Vaishali Parekh for November 6, 2025:
Delhivery — Buy
Entry Price: ₹480
Target Price: ₹510
Stop Loss: ₹470
Ashok Leyland — Buy
Entry Price: ₹139
Target Price: ₹145
Stop Loss: ₹136
Hindalco Industries — Sell
Entry Price: ₹836
Target Price: ₹800
Stop Loss: ₹850
Market Summary
The broader market remains under pressure as traders adopt a cautious stance amid global uncertainty and technical weakness in frontline indices. Analysts suggest monitoring the 25,400 level on Nifty for potential short-term support, while a move above 25,750 could bring back positive momentum.
Disclaimer:
This article is intended solely for informational and educational purposes. The views and recommendations expressed are those of individual analysts or brokerage firms and do not necessarily reflect the opinions of Business Connect. Readers are advised to consult certified financial experts before making any investment decisions.
