Trade Setup for 8th April 2025: Nifty 50, Global Markets, and Nine Stocks to Buy or Sell

Trade Setup for 8th April: The stock market witnessed extreme volatility on Monday, driven by global trade tensions and weak sentiments. The Nifty 50 opened with a massive 5% gap down, its steepest decline since March 2020, but recovered slightly to close 3.24% lower at 22,161. The Sensex plunged 2,226 points, while the Bank Nifty lost 1,642 points. The broader market also suffered, with the BSE Small-cap index crashing 4.13% and the Mid-cap index falling 3.46%. The India VIX surged over 65%, reflecting heightened fear.

As traders prepare for Tuesday, 8th April 2025, experts anticipate continued volatility due to global uncertainties. This article provides a detailed trade setup for 8th April, covering Nifty 50, Bank Nifty, global markets, and nine stocks to buy or sell.

Nifty 50 Trade Setup for 8th April

Key Levels:

• Support: 21,743 (Monday’s low)
• Resistance: 22,400
• Trend: Strongly bearish

Expert Opinion:

Nagaraj Shetti (HDFC Securities) suggests that the Nifty 50 remains in a sharp downtrend but may see buying near 21,743. A break below this level could lead to further downside.

Siddhartha Khemka (Motilal Oswal) warns of continued volatility due to global trade tensions, particularly from US tariff threats.

Nifty 50 Data Table (8th April Outlook)

Bank Nifty Trade Setup for 8th April

Key Levels:

• Support: 49,500 (50-DEMA)
• Resistance: 50,750
• Trend: Bearish but showing resilience

Expert Opinion:

Hrishikesh Yedve (Asit C. Mehta) notes that the Bank Nifty defended 49,500 (50-DEMA) and formed a bullish candle, indicating potential recovery. A break above 50,750 could trigger a fresh rally.

Bank Nifty Data Table (8th April Outlook)

Global Markets Update for 8th April

Asian Markets Rebound Strongly

• Nikkei 225 (Japan): Surged 5.5% after an 8% drop.
• Kospi (South Korea): Rose 2%.
• Australia & New Zealand: Trading higher.

US Market Impact

• Wall Street remained volatile due to Donald Trump’s tariff threats.
• S&P 500 futures indicate a cautious opening.

Global Market Data Table

Nine Stocks to Buy or Sell on 8th April 2025

Experts have recommended nine stocks for trading today:

1. GMR Airports (Buy)

• Entry: ₹82.22
• Target: ₹88
• Stop Loss: ₹79
• Reason: Strong support near ₹80, potential breakout.

2. Delhivery (Buy)

• Entry: ₹268.35
• Target: ₹288
• Stop Loss: ₹258
• Reason: Oversold bounce expected.

3. IndiGo (Buy)

• Entry: ₹5,010
• Target: ₹5,250
• Stop Loss: ₹4,880
• Reason: Strong aviation sector recovery.

4. HUDCO (Buy)

• Entry: ₹195
• Target: ₹203
• Stop Loss: ₹188
• Reason: Infrastructure push supports upside.

5. Usha Martin (Buy)

• Entry: ₹300
• Target: ₹330
• Stop Loss: ₹280
• Reason: Steel sector momentum.

6. Jupiter Wagons (Buy)

• Entry: ₹372
• Target: ₹390
• Stop Loss: ₹363
• Reason: Railway sector bullishness.

7. Adani Wilmar (Buy)

• Entry: ₹269.75
• Target: ₹290
• Stop Loss: ₹262
• Reason: FMCG demand recovery.

8. Avalon Technologies (Buy)

• Entry: ₹773
• Target: ₹810
• Stop Loss: ₹756
• Reason: Tech sector rebound.

9. SBFC (Sell)

• Entry: ₹90
• Target: ₹84
• Stop Loss: ₹92.50
• Reason: Weak financials, bearish trend.

Final Thoughts on Trade Setup for 8th April

• Nifty 50 may find support near 21,743, but resistance at 22,400 is key.
• Bank Nifty must hold 49,500 for recovery.
• Global markets rebounding, but US trade tensions remain a risk.
• Stock picks focus on aviation, infrastructure, and FMCG sectors.

Traders should maintain strict stop losses and watch global cues closely. The trade setup for 8th April suggests high volatility, making risk management crucial.

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