Stock picks for today as recommended by India’s top market experts
Subscribe to enjoy similar stories. Here are the top stock recommendations for today by NeoTrader’s Raja Venkatraman, Ankush Bajaj, and MarketSmith India. Buy above: ₹785 | Stop loss: ₹763 | Target: ₹885 The capital goods sector is going through a rough patch, but this counter has shown some resolve.
The reaction from lower levels signals a resumption in bullishness as this stock shows signs of bottoming out with some steady buying at lower levels. Post a reaction from higher levels the stock is finding buyers. Buy above: ₹1,190 | Stop loss: ₹1,165 | Target: ₹1,295-1,325 After forming a strong base at lower support levels, a strong push on Wednesday resulted in the breach of an important resistance of the MA Bands.
A strong longbody green candle that is playing out is inviting more buying into the system. With the relative strength index, or RSI, heading higher, the bullishness could persist, indicating that investors should look at some potential ascent in coming sessions. Buy above: ₹338 | Stop loss: ₹330 | Target: ₹355-368 LT Foods, an aggressive player in the rice exports segment, has been undergoing some volatility in recent days.
But the positive move seen on Wednesday signals a shift in the counter, with trends hinting at some bullish bias. The momentum is slowly inching higher, indicating that the bullish bias can extend. Current market price: ₹4,689.70 | Buy range: ₹4,600-4,720 | Profit goal: ₹5,570 | Stop loss: ₹4,280 | Timeframe: 2-3 months Current market price: ₹1,367.80 | Buy range: ₹1,340-1,380 | Profit goal: ₹1,630 | Stop loss: ₹1,250 | Timeframe: 2-3 weeks Buy at: ₹146 | Target: ₹154-157 | Stop loss: ₹139 The Tata Steel stock is showing a bullish momentum and trading above multiple exponential moving
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