logo
#

Latest news with #VOLTAS

Top stocks to buy today: Stock recommendations for June 18, 2025
Top stocks to buy today: Stock recommendations for June 18, 2025

Time of India

time11 hours ago

  • Business
  • Time of India

Top stocks to buy today: Stock recommendations for June 18, 2025

Stock market recommendations: According to Mehul Kothari, DVP - Technical Research, Anand Rathi Shares and Stock Brokers, Voltas, ONGC, and TCS are the top stocks to buy today: VOLTAS – Breakout from Inside Value Setup Buy near ₹1300–₹1280 | Stop Loss: ₹1175 | Target: ₹1540 VOLTAS broke out after nearly a month of consolidation, accompanied by a DECENT surge in volume—indicating strong accumulation. Tired of too many ads? go ad free now What makes this consolidation phase particularly notable is that it occurred within the R3–S3 zone of the monthly Camarilla pivots, establishing an Inside Value relationship. This setup forms when the current month's pivots are nested within the previous month's range, often signalling a potential breakout with strong directional bias. ONGC – POSITIONAL BUY Buy near ₹252 | Stop Loss: ₹235 | Target: ₹290 ONGC recently broke out of its narrow consolidation range indicating strength. The stock is now trading above this range, supported by a base formation around the 200-day EMA high/low band, reinforcing bullish sentiment. Additionally, the daily RSI has moved above the 50 mark after a prolonged period, signaling a shift in momentum. TCS – Breakout from Inside Value Setup Buy near ₹3515 | SL: ₹3400 | Target: ₹3685 TCS recently witnessed a breakout following a consolidation phase that lasted nearly a month, accompanied by a significant rise in volume—signalling strong accumulation. Interestingly, this consolidation happened within the R3–S3 range of the monthly Camarilla pivots, creating an Inside Value setup. This formation occurs when the pivot range for the current month lies within the range of the previous month, typically indicating a possible directional move. Disclaimer: The opinions, analyses and recommendations expressed herein are those of brokerage and do not reflect the views of The Times of India. Always consult with a qualified investment advisor or financial planner before making any investment decisions.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store