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Time of India
4 days ago
- Business
- Time of India
Top stocks to buy today: Stock recommendations for August 6, 2025
Top stocks to buy today (AI image) Stock market recommendations: According to Mehul Kothari, DVP - Technical Research, Anand Rathi Shares and Stock Brokers, GRSE, Redington, and Raymond Realty are the top stocks to buy today: GRSE – Mean Reversion + Weekly Reversal Buy near: ₹2,650–₹2,600 | Stop Loss: ₹2,300 | Target: ₹3,200 After correcting from the ₹3,600 zone, the stock has formed a reversal candlestick on the weekly chart. Daily RSI has bounced from support, indicating momentum reversal. With a deep retracement already in place, this becomes a strong bounce candidate. Long-term structure remains intact. Redington – Hidden Bullish Divergence + Pullback Setup Buy near: ₹250 | Stop Loss: ₹224 | Target: ₹300 The stock has corrected nearly 100 points from its top, retracing over 50% of the previous rally. A hidden positive divergence on the weekly RSI is visible, coupled with a reversal candle. This suggests potential for a strong pullback rally. A favorable risk-reward zone for buying. Raymond Realty – Momentum Revival After Correction Buy near: ₹715–₹705 | Stop Loss: ₹665 | Target: ₹800 Though recently listed, the available price action hints that the corrective phase is nearing completion. A 2-hour RSI breakout along with supportive volume action indicates renewed strength. Traders can consider fresh buying for a move towards ₹800. Stay informed with the latest business news, updates on bank holidays and public holidays .
Time of India
30-07-2025
- Business
- Time of India
Top stocks to buy today: Stock recommendations for July 30, 2025
Top stocks to buy today (AI image) Stock market recommendations: According to Mehul Kothari, DVP - Technical Research, Anand Rathi Shares and Stock Brokers, Mazagon Dock, Vascon Engineers, and Thermax are the top stocks to buy today: Mazagon Dock (MAZDOCK) – Mean Reversion Opportunity Buy near: ₹2,700 | SL: ₹2,200 | Target: ₹3,700 After falling from its recent peak of ₹3,700, the stock is now testing its 200 DEMA, a zone from where it has historically reversed each year since 2022. This classic mean reversion setup presents a fresh buying opportunity. The long-term structure remains bullish, making this dip attractive for accumulation. Vascon Engineers – Inverse H&S + Demand Zone Support Buy near: ₹52 | SL: ₹45 | Target: ₹65 The stock remains in a strong uptrend and recently gave a breakout that lacked follow-through due to overall market weakness. It has now retraced to its 200 DEMA, aligning with a potential inverse Head & Shoulders on the weekly chart. This confluence of support and pattern formation suggests a renewed buying opportunity. Thermax – Retest After Breakout + Accumulation Buy near: ₹3,775–₹3,725 | SL: ₹3,500 | Target: ₹4,250 The stock appears to have bottomed out after a sustained correction. A breakout near 17th July was followed by healthy accumulation, and the recent dip seems to be a classic breakout retest. The technical setup suggests a resumption of the uptrend. Buying is advised with a medium-term target of ₹4,250. Stay informed with the latest business news, updates on bank holidays and public holidays . Discover stories of India's leading eco-innovators at Ecopreneur Honours 2025
Time of India
23-07-2025
- Business
- Time of India
Top stocks to buy today: Stock recommendations for July 23, 2025
Top stocks to buy today (AI image) 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. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Time of India
16-07-2025
- Business
- Time of India
Top stocks to buy today: Stock recommendations for July 16, 2025
Top stocks to buy today (AI image) Stock market recommendations: According to Mehul Kothari, DVP - Technical Research, Anand Rathi Shares and Stock Brokers, Tilak Nagar Industries, Orchid Pharma, and ITC are the top stocks to buy today: Tilak Nagar Industries – Range Breakout with Volume Support Buy near: ₹350–₹352 | Stop Loss: ₹336 | Target: ₹380 Tilak Nagar Industries has witnessed a range breakout on the hourly chart, accompanied by strong volumes, indicating strength in the move. On the daily timeframe, a double bottom formation is visible, reinforcing the bullish structure. Additionally, the daily RSI has given a positive crossover with its moving average, suggesting improving momentum. The setup favors a short-term upswing. Orchid Pharma – Breakout After Prolonged Downtrend (Positional: 3 Months) Buy near: ₹730–₹750 | Stop Loss: ₹669 | Target: ₹880 Orchid Pharma was in a sustained downtrend, correcting from its peak of around ₹2,000 to ₹600. After a phase of sideways consolidation, the stock is now showing signs of a potential breakout. A positive candlestick pattern has emerged on the daily chart, supported by a breakout in RSI. On the weekly scale, RSI is rebounding from lower levels, indicating a likely pullback rally in the medium term. ITC – Inverse Head & Shoulders Breakout Buy near: ₹420 | Stop Loss: ₹411 | Target: ₹438 After a period of consolidation, ITC is showing signs of renewed strength with a breakout on the daily chart, resembling an Inverse Head and Shoulders pattern. This breakout is backed by volume participation and confirmation from the daily RSI, which has also crossed above its average. The setup points toward short-term upside. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Time of India
09-07-2025
- Business
- Time of India
Top stocks to buy today: Stock recommendations for July 9, 2025
Top stocks to buy today (AI image) Stock market recommendations: According to Mehul Kothari, DVP - Technical Research, Anand Rathi Shares and Stock Brokers, AAVAS Financiers, Jyothy Labs, and Varun Beverages Limited (VBL) are the top stocks to buy today: AAVAS Financiers – Consolidation with Strong Base Formation Buy near ₹1900 | SL: ₹1700 | Target: ₹2300 AAVAS has been in a prolonged consolidation phase with a clearly defined base around ₹1700. The broader trend remains strong, and despite volatility, no major breakdown has been witnessed in the last couple of years. Multiple base formations suggest strong support, offering a favorable risk-reward. The April high near ₹2250 could be breached in the coming weeks, opening potential towards ₹2300. Jyothy Labs – Breakout After Double Bottom Buy near ₹355 | SL: ₹335 | Target: ₹395 Jyothy Labs has confirmed a double bottom around ₹315, followed by a breakout on strong volumes in the recent session. This move signals a potential trend reversal. The stock now looks well-positioned for a short-term pullback. With the 200-DMA placed near ₹400, the stock could attempt to retest those levels. Buying is advised with a target of ₹395. VBL – Oversold Bounce with Double Bottom Setup Buy near ₹460 | SL: ₹450 | Target: ₹490 Varun Beverages Limited appears deeply oversold across daily and intraday timeframes. A double bottom formation near ₹440, along with a fresh intraday breakout, suggests a near-term reversal. The setup favors a short-term bounce toward ₹490. Accumulate with a tight stop. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
