Market Trading Guide: Buy IREDA, M&M Financial and 3 smallcap stocks on Wednesday for up to 13% gains

Oct 14, 2025, 08:15:56 PM IST

India’s benchmark indices, the Nifty and Sensex, extended their losing streak for the second straight session, closing lower amid a broad-based sell-off. PSU banks, pharma, and metal stocks bore the brunt of the decline. The index once again encountered resistance around the 25,300 mark and witnessed selling pressure from that zone.
Nilesh Jain, Head – Technical and Derivatives Research Analyst at Centrum Broking said that Nifty formed a bearish candle on the daily chart, resembling a bearish engulfing pattern though the index found support near its 21-DMA at 25,060 and rebounded sharply to close above the 25,100 level. "At present, Nifty appears to be consolidating within a range of 25,000–25,300, which are acting as key support and resistance levels respectively. A decisive breakout above 25,300 would be required to trigger the next leg of the upward move," Jain said.
Here are 5 stock recommendations for Wednesday:

Agencies

Stop Loss: Rs 4,500
Target: Rs 5,150/5,300
Kingfa Science & Technology is showing a strong breakout above the consolidation zone near Rs 4,700, supported by a noticeable surge in volumes and sustained strength above key EMAs. The stock has maintained higher highs and higher lows, indicating strong trend continuation. RSI at 62.43 reflects positive momentum without overbought signals, suggesting further upside potential if follow-up buying continues.
(Drumil Vithlani, Technical Research Analyst, Bonanza Portfolio)

ETMarkets.com

Stop Loss: Rs 4,880
Target: Rs 5,300/5,450
SKF India Ltd has given a strong bullish candle with a decisive move above key moving averages, supported by a notable surge in volumes. The price action suggests a potential breakout from the consolidation range near Rs 5,000, indicating renewed buying interest. RSI at 64.33 shows strengthening momentum with room for further upside before entering the overbought zone. Sustaining above Rs 5,000 will confirm trend continuation. Buy above Rs 5,050
(Drumil Vithlani, Technical Research Analyst, Bonanza Portfolio)

TIL Creatives

Stop Loss: Rs 145
Target: Rs 175
IREDA has displayed encouraging signs of strength, maintaining its recent upside momentum following a breakout from a prolonged consolidation phase. The stock is now positioned on the verge of a breakout from a falling trendline on the daily chart, signaling a potential shift in sentiment from neutral to bullish. The consistent rise in trading volumes further supports the possibility of a sustained breakout, indicating strong participation from buyers and renewed confidence at current levels.
If the stock sustains above Rs 157, it could move towards Rs 175. Traders may consider buying at Rs 154.52, with a stop loss at Rs 145 to manage downside risk effectively.
(Hitesh Tailor, Technical Research Analyst, Choice Broking)

ETMarkets.com

Stop Loss: Rs 270
Target: Rs 320
Mahindra & Mahindra Financial Services has displayed encouraging strength after recently consolidating in a range and finding support above its 200-day EMA, from where it bounced back strongly. This price action indicates renewed buying interest and sets the stage for a potential breakout towards higher resistance levels in the upcoming trading sessions. The stock’s ability to hold above its long-term support suggests that the short- to medium-term trend remains intact and bullish.
From a technical perspective, M&MFIN is trading above all major EMAs (20, 50, and 200), reflecting strong trend alignment and underlying strength. On the upside, the stock faces resistance near Rs 295, and a decisive breakout and sustained trade above this level could trigger further upward momentum, potentially driving the price towards Rs 320.
(Hitesh Tailor, Technical Research Analyst, Choice Broking)

Agencies

Stop Loss: Rs 710
Target: Rs 835
BIKAJI has shown encouraging strength after taking major support around its 200-day EMA. The stock recently consolidated in a range and delivered a breakout in the previous trading session, signaling renewed buying interest and a potential upward trend. The price action reflects a higher high and higher low formation, indicating that the stock is gradually building momentum for further gains within the trendline range. Momentum indicators support this positive outlook.
(Hitesh Tailor, Technical Research Analyst, Choice Broking)
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)

ETMarkets.com