Stock Market Insights for March 5, 2025

In the ever-evolving world of stock trading, staying ahead of the curve is crucial. Today, we bring you expert recommendations from Mehul Kothari, DVP - Technical Research at Anand Rathi Shares and Stock Brokers. The spotlight is on three promising stocks: Force Motors, GMR Airports, and Hindalco.

Force Motors: A Strong Buy

Force Motors has shown remarkable resilience and strength in the market. With a breakout confirmed by both price action and daily RSI, and a rising ADX indicating a strengthening trend, the stock is poised for growth. Traders are advised to buy in the range of ₹7100–₹7200, with a stop-loss at ₹6625, targeting ₹8000 and ₹8200 in the coming months.

GMR Airports: On the Rise

After a correction from its August 2024 highs, GMR Airports is now near its previous breakout zone, attracting buying interest. A breakout is underway, supported by multiple bottoms near ₹68, signaling a potential pullback. Investors should consider buying in the ₹70–₹72 range, with a stop-loss at ₹66, aiming for ₹81 and ₹82 in the next 1–3 months.

Hindalco: Continuing Its Uptrend

Hindalco has had an impressive February, rallying 18% from its bottom. Despite a 6% correction last week, the stock remains strong, closing above its previous breakout zone. The formation of a hammer-like candlestick and alignment with the R1 monthly pivot suggest the uptrend is likely to continue. Buying in the ₹633–₹637 range, with a stop-loss at ₹608, is recommended, targeting ₹680.

Disclaimer: The opinions, analyses, and recommendations expressed herein are those of the brokerage and do not reflect the views of The Times of India. Always consult with a qualified investment advisor or financial planner before making any investment decisions.