Sumit Bagadia, Executive Director, Choice Broking and Ganesh Dongre, Senior Manager, Technical Research, Anand Rathi have recommended some of the best stock picks for today. Stocks recommended by them include Maruti Suzuki India Limited, AU Small Finance Bank Limited, Indus Towers Limited, PB Fintech Limited, and Dixon Technologies (India) Limited.
Sumit Bagadia’s stocks
1. Maruti Suzuki India Limited
- Buy: ₹11,741.15
- Target price: ₹12,563
- Stop Loss: ₹11,330
Why buy?
- The stock experienced significant selling pressure from September 2024.
- A strong reversal was seen from the support zone of ₹10,700.
- This breakout along with sustained trading volume gives bullish signals.
2. AU Small Finance Bank Limited
- Buy: ₹575.10
- Target price: ₹615
- Stop Loss: ₹555
Why buy?
- On the daily chart, the stock showed the possibility of a breakout from the consolidation range.
- This breakout along with increasing trading volumes is making the stock more bullish.
Ganesh Dongre Stocks
1. Indus Towers Limited
- Buy: ₹340
- Target price: ₹360
- Stop Loss: ₹325
Why buy?
- The bullish reversal pattern indicates a short-term uptrend.
- The stock may retracement till ₹360.
2. PB Fintech Limited (Policy Bazaar)
- Buy: ₹1,740
- Target price: ₹1,800
- Stop Loss: ₹1,700
Why buy?
- The stock has maintained the important support level of ₹1,700.
- This level provides a strong base for a potential rebound.
3. Dixon Technologies (India) Limited
- Buy: ₹16,275
- Target price: ₹17,500
- Stop Loss: ₹15,700
Why buy?
- The stock showed a bullish reversal pattern around ₹15,900 on the daily chart.
- This is a good investment opportunity for long term.
