Today, the stock markets closed at record highs, with the BSE Sensex ending at 82,559.84 points, gaining +194.07 points or +0.24%. The Nifty 50 closed just below the 25,300 mark at 25,278.70 points, rising +42.80 points or +0.17%. Both indices are showing bullish momentum, with the Nifty 50 continuing to trade above its last higher high at 25,078 points, indicating a potential continuation of this upward trend.

Top 5 Gainers Today

Bajaj Finserv Ltd (BAJAJFINSV)

  – Open: Rs 1,796.40

  – High: Rs 1,862.00

  – Low: Rs 1,787.80

   – Close: Rs 1,842.00

   – % Gain: +3.31%

BAJAJFINSV made a strong move upwards. The next target is Rs 1,900.00, which is an ascending trendline. If the price continues with the bullish momentum, then a breakout is on the horizon. If it faces rejection, the price is likely to trade to the downside. We await to see the activity that happens at the resistance level, as that is what will give us the next potential targets.

Bajaj Finance Ltd (BAJFINANCE)

– Open: Rs 7,274.00

  – High: Rs 7,450.00

   – Low: Rs 7,229.00

   – Close: Rs 7,420.00

   – % Gain: +3.05%

The stock showed a strong bullish breakout from its bullish flag pattern. Today’s price action closed above the flag, suggesting further upside potential. The immediate resistance is seen at Rs 7,806.00 and if breached, it could aim for Rs 8,187.40 in the near term. If the price retraces, then it is most likely to find support at the bullish flag support.

HCL Technologies Ltd (HCLTECH)

   – Open: Rs 1,764.20

  – High: Rs 1,812.00

   – Low: Rs 1,760.00

   – Close: Rs 1,800.00

– % Gain: +2.67%

HCLTECH surged above its previous resistance at Rs 1,697.00, confirming a bullish trend. If the price retraces, then it is likely to find support at Rs 1,697.00 support . The current bullish momentum is expected to continue, especially if the volume remains high.

Hero MotoCorp Ltd (HEROMOTOCO)

   – Open: Rs 5,535.00

   – High: Rs 5,629.05

   – Low: Rs 5,517.00

   – Close: Rs 5,575.00

   – % Gain: +2.19%

The stock successfully got rejected at a support level at around Rs 5,000 and is now targeting the next level at Rs 5,894.55 recent high. Further upside is expected.

SBI Life Insurance Co Ltd (SBILIFE)

   – Open: Rs 1,850.30

   – High: Rs 1,894.65

   – Low: Rs 1,849.05

   – Close: Rs 1,887.45

   – % Gain: +2.01%

SBILIFE showed a strong uptrend today. The stock is now eyeing Rs 2,000.00 psychological level as the next major resistance. The support is placed at Rs 1,680.00 where there is an ordeblock and as long as it holds, the bullish outlook remains intact.