Intraday Stock Picks for 8 August 2025 – BPCL, Nifty 24600 CE, RBL Bank, Sagility, Aadhar HFC
By CapitalKeeper | Top Intraday Stock | Smart Trading Starts Here
Today’s intraday trading ideas: Buy BPCL, Nifty 24600 CE, RBL Bank, Sagility, and Aadhar HFC with precise entry, stop-loss, and targets. Technical outlook for August 8, 2025.
Intraday Trading Ideas – August 8, 2025
The Indian stock market continues to maintain a tight yet upward bias, with selective opportunities emerging in high-liquidity counters. Today’s watchlist is built around short-term momentum setups backed by volume confirmation and chart patterns indicating a favorable risk-reward ratio.
Let’s dive into each trade idea in detail.
1. BPCL – Bullish Intraday Setup
- Buy @ 315.7
- Stop Loss: 312.5
- Target 1: 319.4
- Target 2: 321
Technical Analysis:
BPCL is trading close to a minor resistance zone at ₹316–₹317, which, once crossed, opens room for a quick momentum move toward ₹321. The hourly chart shows a bullish engulfing candle after a brief consolidation phase, supported by an uptick in volume. RSI on the 15-min chart has rebounded from the oversold zone, and the MACD has given a fresh crossover.
Strategy:
Buy on breakout above ₹315.7 with tight stop-loss to protect against false breakouts. The expected move is swift, so traders should look for booking partial profits near ₹319.4 and trail for ₹321.
2. Nifty 24600 CE – Options Momentum Play
- Buy August 28 Expiry 24600 CE @ CMP 210
- View: Bullish, looking good for upmove
- Targets: 260 / 295
- Stop Loss: 180
Technical Analysis:
The Nifty index has reclaimed key support levels at 24,500 and is showing signs of strength with positive global cues. Options OI data shows fresh writing in lower puts and covering in out-of-the-money calls, signaling bullish intent. The 24600 Call is well-positioned for gamma expansion if Nifty sustains above 24,600 for more than 15–20 minutes in the morning session.
Strategy:
Traders can initiate long positions at CMP 210 with SL at 180. Momentum can pick up rapidly on crossing 24,650 spot, pushing premiums higher toward 260–295.
3. RBL Bank – Breakout Watch
- Buy @ 268
- Target 1: 280
- Target 2: 290
- Stop Loss: 260
Technical Analysis:
RBL Bank has been consolidating between ₹258 and ₹270 for the past few sessions. The stock has now broken above the upper range with strong volumes. A bullish flag breakout is visible on the hourly chart, and the stock is trading above all key EMAs.
The daily RSI stands at 61, giving headroom for further upside before hitting the overbought zone. With banks showing relative strength, RBL Bank could outperform within the PSU/private banking space in intraday moves.
Strategy:
Enter on dips toward ₹268 for targets of ₹280 and ₹290. Maintain SL at ₹260.
4. Sagility – Low-Priced Momentum Play
- Buy @ 46
- Target 1: 48.8
- Target 2: 51
- Stop Loss: 42
Technical Analysis:
Sagility is forming a cup-and-handle pattern on the 30-min chart, with a neckline breakout at ₹46.2. The volume profile indicates accumulation over the past week, with higher lows on the daily chart. This is a speculative yet promising setup where momentum can deliver sharp percentage gains within a short span.
Strategy:
Buy above ₹46 with strict SL of ₹42. Given its lower price band, quick partial booking is recommended at ₹48.8, holding remainder for ₹51.
5. Aadhar HFC – Strong Trending Candidate
- Buy @ 507
- Target 1: 515
- Target 2: 524
- Stop Loss: 489
Technical Analysis:
Aadhar HFC is trading in a well-defined ascending channel. The stock has taken support multiple times near ₹432–₹435 and is now bouncing back toward its previous swing high of ₹470. The 20-day EMA has been acting as a strong dynamic support, and volumes on up days are consistently higher than on down days.
The broader financial sector remains strong, and housing finance companies are seeing renewed buying interest ahead of policy expectations.
Strategy:
Enter around ₹451 with SL at ₹432, booking partial profits near ₹470 and holding the rest for ₹488.
Market Outlook
The domestic indices are expected to remain volatile but biased toward the upside today. A combination of positive global cues, easing US yields, and stable crude prices is helping sentiment. Traders should note that while stock-specific moves may remain strong, index-level consolidation could be in play in the afternoon session.
Key Levels to Watch for Nifty:
- Support: 24,500 / 24,380
- Resistance: 24,650 / 24,720
Bank Nifty:
- Support: 55,150
- Resistance: 55,620
Risk Management & Final Thoughts
Intraday trading requires strict discipline and adherence to stop-loss levels. The trades listed today are high-probability setups based on price action and volume confirmation, but unexpected news flows or global events can alter market dynamics quickly.
Checklist Before Entering Trades:
- Confirm breakout with volume
- Avoid over-leveraging
- Trail stop-loss once the first target is hit
- Exit positions before market close to avoid overnight risk
By sticking to the defined entry, stop-loss, and targets, traders can manage risk effectively while taking advantage of intraday momentum.
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