Top stocks to buy today: Stock recommendations for July 23, 2025
Stock market recommendations:
According to Mehul Kothari, DVP - Technical Research, Anand Rathi Shares and Stock Brokers, RHI Magnesita India, Exide Industries, and Swiggy are the top stocks to buy today:
RHIM – Breakout Above 200 EMA/SMA
Buy near: ₹510 | SL: ₹470 | Target: ₹600
RHI Magnesita India has delivered a strong breakout on the daily chart by clearing the confluence of the 200-day EMA and SMA.
The breakout is accompanied by strong volumes, indicating participation.
This marks a shift in trend, and the structure suggests potential upside over the next 3–6 months.
Exide Industries – Long-Term Trendline Breakout
Buy near: ₹386–₹394 | SL: ₹370 | Target: ₹430
Exide has broken out of a long-term falling trendline, ending its prolonged sideways movement. The breakout is supported by volumes, and the RSI is also showing strength, nearing the 60 level. This signals the start of a potential bullish phase.
A positional setup with medium-term upside.
Swiggy – Breakout with Sector Tailwind
Buy near: ₹407 | SL: ₹380 | Target: ₹460
Following positive commentary from Zomato, Swiggy has shown a decisive breakout backed by volumes. The price action suggests potential for a move towards ₹460, which is also the 52-week high made in Feb 2025. Beyond that, ₹475 could be the next target. A strong short-term candidate.
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