

Top three stocks to buy today—recommended by Ankush Bajaj for 29 December
Why it’s recommended: NALCO is exhibiting strong bullish momentum supported by high trend strength. The stock is trading firmly above short-term support zones and is part of the broader metals sector rally.
The daily RSI at 62 suggests positive momentum that is not yet overbought, while the MACD at +2 shows a clean positive crossover, reinforcing the bullish bias. Most notably, the ADX at 52 reflects a very strong trend strength, signaling a well-established uptrend with potential for further upside.Key metrics: RSI (14-day): 62 — bullish momentumMACD (12,26): +2 — positive crossoverADX (14): 52 — strong trend in motionTechnical view: Holding above ₹301 keeps the uptrend intact, with an upside target of ₹318.Risk factors: The stock is sensitive to global aluminum price volatility and policy cues related to mining.Buy at: ₹306.85Target price: ₹318Stop loss: ₹301 Why it’s recommended: NMDC is showing signs of accumulation after a consolidation phase.
The RSI at 52 suggests early-stage positive momentum, while the MACD at +0.15 reflects a mild bullish crossover. The ADX at 28 indicates a strengthening trend, though still in a developing phase.
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