Stocks to buy: Swiggy, RVNL and TVS Motor on investors' radar

Stocks that were in focus include names like HAL, which rose 1.3% and BEL, which declined 0.06% and KPIT Tech, whose shares gained 3.2% on Monday.

Here's what Viral Chheda, Sr Analyst and SSJ Finance and Securities, recommends investors should do with these stocks when the market resumes trading today.

HAL

After making an all time high around 5618 in July 2024, stock has witnessed a Bear Run to make the low of 3045 odd levels. Price has given almost 46% downside move from its higher level of 5618 odd levels as bears were having upper hand over price.

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From the low of 3045 price has given some pull back and for the past few days moving above 20 DMA of 3365, we can see further upside from here. Moving above 3540 odd levels, further upside can be seen till 3800-4200. For the long term stock looks good and can be bought at every dip.

The Stochastics Oscillator is moving in an upward trend along with an increase in volume indicating further upside move with limited downside risk. Hence one can buy at current level and more at dips of 3200 with stop loss of 3000 on weekly closing basis and upside can be seen till 4000-4500 in the coming 10-12 months.

BEL

After making an all time high around 336 in July 2024, stock has given a sharp correction to make the low of 239 odd levels. Stock has given almost 29% downside move from its higher level of 336 odd levels as sellers were having full control over the price.

After making double bottom around 239 price has given some upside move and currently trading