Stock market recommendations:
According to Mehul Kothari, DVP - Technical Research, Anand Rathi Shares and Stock Brokers, the top stocks to buy today are Tata Steel, Jai Corp, and Vadilal Industries:Tata Steel – All-Time High Breakout + Ichimoku StrengthBuy near: ₹181–₹175 | Stop Loss: ₹166 | Target: ₹200Tata Steel has given a strong breakout above its previous all-time high, confirming the continuation of a long-term uptrend after months of consolidation. The price is trading well above the Ichimoku cloud with both conversion and base lines turning upward, while all key EMAs (20/50/100/200) are aligned positively. The breakout zone offers a favourable risk–reward opportunity with potential for sustained momentum.
Jai Corp – Cup & Handle Breakout + 200-DEMA SupportBuy near: ₹170 | Stop Loss: ₹160 | Target: ₹190Jai Corp has been consolidating just above its 200-DEMA for several weeks and has now confirmed a breakout in price. The overall structure resembles a bullish cup-and-handle formation on the daily chart, indicating a potential trend reversal and renewed buying interest. Sustaining above ₹170 could trigger further upside toward ₹190 in the near term.
Vadilal Industries – Trend Reversal from Rising Trendline + Early Momentum Build-UpBuy near: ₹5,520–₹5,480 | Stop Loss: ₹5,200 | Target: ₹6,100 | Time Frame: 90 DaysVadilal Industries has rebounded sharply from its rising trendline support that has held firm since March, signaling the continuation of a long-term uptrend. The price has crossed above the Ichimoku cloud, with conversion and base lines turning upward, reflecting a fresh bullish crossover setup. All key EMAs are converging and starting to slope upwards, indicating early momentum buildup and a favourable risk–reward zone for accumulation.
(Disclaimer: Recommendations and views on the stock market, other asset classes or personal finance management tips given by experts are their own. These opinions do not represent the views of The Times of India)The TOI Business Desk is a vigilant and dedicated team of journal...
Read MoreThe 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.
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