Top stocks to buy today: Stock recommendations for July 24, 2025 - check list

Top stock market recommendations: Aakash K Hindocha suggests a consolidation phase for Nifty between 24800 and 25320, anticipating a potential breakout led by Nifty IT. Bank Nifty's breakout above 57100 indicates continued outperformance with targets set for new all-time highs. Top stock picks include Balkrishna Industries, Sona BLW Precision Forgings, and Hindalco, each exhibiting bullish patterns and breakout confirmations.
Top stocks to buy today: Stock recommendations for July 24, 2025 - check list
Top stocks to buy today (AI image)
Top stock market recommendations: According to Aakash K Hindocha, Deputy Vice President - WM Research, Nuvama Professional Clients Group, Balkrishna Industries, Sona BLW Precision Forgings, and Hindalco are the top buy calls for today. Here’s his view on Nifty, Bank Nifty and the top stock picks for July 24, 2025:Index View: NiftyNifty has entered a consolidation zone once again, though broader trend indicates upside from current levels, but absence of tailwinds are keeping the index in range. We continue with our view on a broad consolidation between 24800 and 25320 for the balance of this week, given the chart structure and positioning based on derivative data. Given the tailwind from Nifty IT, this could allow positive rub off on the index as well allowing it to breakout above 25320 for a sustained up move.Bank NiftyAfter reclaiming its resistance of 56750 in Monday’s session, the index has furthered its ongoing breakout above 57100 to allow momentum on the long side on Bank Nifty. Outperformance against Nifty which has been powering the underlying current on this index, is set to continue.
On the flip side, closing below 56700 could allow downward pressure on the index. Targets are open for new all time highs on the index.BALKRISIND (BUY):
  • LCP: 2740.40
  • Stop Loss: 2680
  • Target: 3030
Balkrishna Industries stock has given a cup and handle breakout on daily chart at the start of this week. This pattern has been in place from the start of this calendar year marking an end of its 6 month consolidation. Given the set up this suggests a 10-12% upside from current levels. SONACOMS (BUY):
  • LCP: 489
  • Stop Loss: 466
  • Target: 545
After hitting a 3.5 year low at the start of this fiscal, Sona BLW Precision Forgings has found buyers to scale it up towards the 540-550 odd zone. Rally and retests have allowed a bullish pole and flag pattern breakout on charts. Adding to this a 2 month old sloping trendline breakout has also been confirmed in Wednesday’s closing. All of this allows for the ongoing rally to continue to a retest of its 200 DMA resistance at 545+.HINDALCO (BUY):
  • LCP: 695.40
  • Stop Loss: 668
  • Target: 730
HINDALCO has given a 9 month trendline breakout same time last month, but the stock had been missing follow through, a retest and back to the breakout price has made way for a follow through to play out. Stock has also sustained above its 200 DMA for four consecutive weeks now, enabling for further upside on charts.(Disclaimer: Recommendations and views on the stock market and other asset classes given by experts are their own. These opinions do not represent the views of The Times of India)
author
About the Author
TOI Business Desk

The TOI Business Desk is a vigilant and dedicated team of journalists committed to delivering the latest and most relevant business news from around the world to readers of The Times of India. The primary focus of the TOI Business Desk is to keep a watchful eye on the global business landscape, covering a wide spectrum of industries, markets, economic trends, in-depth analysis, exclusive reports and breaking stories that impact businesses and economies. With a mission to provide valuable insights and updates, the desk ensures that TOI readers are well-informed about the ever-changing and dynamic world of commerce and can navigate the complexities of the business world.

End of Article
Follow Us On Social Media