

Stocks to buy today: Ankush Bajaj recommends three stocks for 12 March
Subscribe to enjoy similar stories. Buy at ₹695.50 | Target ₹740-750 | Stop loss ₹676 On the daily chart, the stock is showing bullish momentum. The RSI is above 60, indicating strong buying pressure.
The MACD line is above the signal line, confirming a positive trend. Additionally, the ADX is above 25, signaling strong trend strength. Buy at ₹9,765 | Target ₹10,200-10,300 | Stop loss ₹9,560 Stock has created a good base at 8500 and is now back to the previous swing high of 9750 levels.
We draw a trendline on the daily chart, and the stock is ready to give a falling wedge breakout (on the upper side). Also, RSI is at 63, and MACD has given a bullish crossover. Buy at ₹485 | Target ₹525-540 | Stop loss ₹458 On the daily chart, RSI, CCI, and MFI are in the bullish zone.
On the 15-minute time frame, the stock is forming a flag pattern and is ready for a breakout above 494. If the stock sustains above this level, we can expect the bullish momentum to continue. The Indian stock market had a gap-down opening on Tuesday, 11 March but managed to recover some of its early losses as the session progressed.
Despite the initial weakness, selective buying in key sectors helped limit the downside. However, the lack of a strong follow-through and profit-booking at higher levels kept the market under pressure, reflecting investor caution. After a range-bound phase, the market managed to recover some early losses and ended on a positive note despite cautious sentiment and profit-booking.
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