All Eyes on US Q4 GDP and Core PCE Inflation Data This Week
As we enter the final trading week of March 2025, Riddhi Siddhi Share Brokers anticipates that bullish consolidation could be the dominant theme at Dalal Street. With crucial global economic data and the expiry of March F&O contracts on March 27th, volatility is expected to persist.
Riddhi Siddhi Share Brokers Weekly Market Outlook: Key Highlights
- Nifty’s 200-DMA at 24069 remains the critical resistance level.
- Bullish tone may sustain if US President Trump backs off his proposed tariff hikes.
- Traders should stay alert ahead of two key macroeconomic events:
- 📅 March 27: US Q4 GDP Data
- 📅 March 28: Core PCE Inflation (Fed’s Preferred Gauge)
With recent CPI inflation coming in softer-than-expected, expectations are building for a softer Core PCE as well, which may further support market sentiment.
Riddhi Siddhi Share Brokers Technical Outlook
Nifty 50 – Technical Forecast
- Current Market Price (CMP): 23,350
- Support Levels: 23,000 / 22,700
- Resistance Levels: 23,655 / 24,001
- Trading Range Projection: 23,091 – 22,634
- 200-DMA: 24,069
- PCR (Put Call Ratio): 1.09
- Bias: Positive
Bank Nifty – Technical Forecast
- CMP: 50,594
- Support Levels: 49,200 / 47,900
- Resistance Levels: 51,222 / 52,335
- Trading Range Projection: 49,700 – 51,175
- 200-DMA: 50,961
- PCR: 1.34
- Bias: Positive
Preferred Trade of the Week by Riddhi Siddhi Share Brokers
- Nifty (CMP: 23,350): Buy between 23,221 – 23,275
🎯 Targets: 23,655 / 24,001
🔺 Aggressive Target: 24,251
🛑 Stop Loss: 22,998
Options Data Outlook (Nifty)
- Max Call OI: 24,000, followed by 24,100
- Max Put OI: 23,000, followed by 22,500
- Call Writing Seen At: 23,500 / 23,600
- Put Writing Seen At: 22,800 / 22,900
Riddhi Siddhi Share Brokers Sectoral View
- Bullish Sectors: Banking, Realty, Energy
- Bearish Sector: IT
Stocks in Focus – Riddhi Siddhi Share Brokers Weekly Picks
Bullish View:
BANKBARODA, PNB, SBIN, DLF, PFC, IEX, ADANIGREEN, BIOCON, L&T, HAL, SRF, OBEROIRLTY, GODREJPROP
Bearish View:
INFY, SUPREMEIND, BOSCHLTD, PAGEIND
Stock Spotlight: Polyplex Corporation Ltd.
CMP: ₹1,214 | Target Price: ₹1,911 | Holding Period: 15–18 months
📌 52 Week High/Low: ₹1,480 / ₹753
📌 EPS (TTM): ₹9.27 | P/E Ratio: 18.4
📌 Promoter Holding: 26.70%
📌 Book Value: ₹1,194 | Market Cap: ₹3,812 Cr
Theme:
Polyplex Corporation is one of the world’s leading polyester (PET) film manufacturers, with a global footprint in India, Thailand, Indonesia, Turkey, and the US. The company offers a diversified product portfolio including BOPP, CPP, and other high-value films.
Q3 FY25 Performance Highlights:
- 📈 Revenue: ₹1,721 Cr (+15.1% YoY)
- 💰 EBITDA: ₹121.13 Cr (Up from ₹49.72 Cr YoY)
- 📊 EBITDA Margin: 7% (vs 3.3%)
- 💹 Net Profit: ₹57.77 Cr (vs loss of ₹4.6 Cr last year)
Technical Outlook:
Bullish divergence with rising volumes and strong stochastic signals.
💡 Strategy: Buy at CMP, targets ₹1,401 / ₹1,475 / ₹1,900+. Stop Loss: ₹931
Conclusion by Riddhi Siddhi Share Brokers
As the market braces for macro data and March expiry, bullish consolidation with stock-specific action could dominate the week. Stay focused on high-quality opportunities with potential to withstand volatility.
Disclaimer by Riddhi Siddhi Share Brokers
The investments & trading ideas recommended in this market outlook are for informational and educational purposes only. They do not constitute investment advice. Stock market investments are subject to market risks. Investors must consult their financial advisor before making any investment decisions.
Riddhi Siddhi Share Brokers, registered with SEBI and certified by NISM, does not guarantee returns or performance of any investment ideas. Investors must assess their risk profile and financial goals before investing.