Stock Market Recommendations

According to Mehul Kothari, DVP - Technical Research, Anand Rathi Shares and Stock Brokers, RBL Bank, FirstCry, and Voltamp Transformers are the top stock picks for today.

RBL Bank: A Bullish Bet

BUY Near ₹170 | Stop Loss: ₹155 | Target: ₹204

The stock has broken out of its ₹170–150 consolidation range, supported by strong trading volumes, signalling bullish momentum. The daily RSI has crossed above 60, confirming trend strength and further reinforcing the upside potential.

Additionally, the breakout suggests a move towards ₹204 in the coming months.

FirstCry: Oversold Opportunity

BUY Near ₹378 | Stop Loss: ₹360 | Target: ₹415

The stock appears to be in an oversold zone, with the RSI showing a positive divergence, indicating that downside momentum is weakening. This technical setup often precedes a short-term reversal or bounce.

Over the past few sessions, price action hints at accumulation, suggesting that smart money might be entering at lower levels.

VOLTAMP: Strong Base Formation

BUY Near ₹7,400 | Stop Loss: ₹6,500 | Target: ₹9,000

The stock has formed a strong base in the ₹6,000–₹6,500 range, indicating a solid support zone. On the weekly charts, the stock has reversed from the 200 EMA, further strengthening the bullish outlook.

Additionally, a positive crossover in the weekly RSI confirms improving momentum.

Disclaimer: The opinions, analyses and recommendations expressed herein are those of 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.