Stock Market Recommendations

According to Mehul Kothari, DVP - Technical Research at Anand Rathi Shares and Stock Brokers, there are three standout stocks for today: Tube Investments, Godrej Agrovet Ltd, and Astrazeneca Pharma. Each of these stocks presents a unique opportunity for investors looking to capitalize on current market trends.

Tube Investments (TUBEINVEST)

BUY Near ₹2850 | Stop Loss: ₹2600 | Target: ₹3350

This stock has recently started to outperform after being highly oversold. A significant breakout with strong volumes today confirms a change in trend on short-term charts. Traders are advised to buy TUBEINVEST in the range of ₹2750–₹2850, setting a stop-loss at ₹2600 on a closing basis, aiming for an upside target of ₹3350 in the next 1–3 months.

Godrej Agrovet Ltd (GODREJAGRO)

BUY ABOVE ₹750 | Stop Loss: ₹700 | Target: ₹850

GODREJAGRO has shown remarkable performance compared to the broader markets and is poised for a breakout from its consolidation range. Investors should consider buying above ₹750, with a stop-loss at ₹700, targeting ₹850 in the coming months.

Astrazeneca Pharma (ASTRAZEN)

BUY Near ₹7800 | Stop Loss: ₹7500 | Target: ₹8400

ASTRAZEN exhibits a strong structure and has delivered a major range breakout near its lifetime high. With indicators like RSI and ADX supporting a strengthening trend, buying in the range of ₹7750–₹7850 with a stop-loss at ₹7500 is recommended, aiming for ₹8400.

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.