Stock Market Recommendations for April 30, 2025
According to Mehul Kothari, DVP - Technical Research at Anand Rathi Shares and Stock Brokers, here are the top stocks to consider today:
INOX WIND: A Strong Buy
BUY in ₹173–₹170 Range | Stop Loss: ₹162 | Target: ₹190
Inox Wind has recently broken out of its range and is consolidating above its 200 DEMA, showcasing significant strength. The breakout was supported by high volumes, signaling active accumulation. Momentum indicators are favorably positioned, making Inox Wind a compelling buy within the specified range.
SYMPHONY: Poised for a Comeback
BUY in ₹1184–₹1180 Range | Stop Loss: ₹1140 | Target: ₹1260
After a recent downturn, Symphony has demonstrated a robust recovery. The stock is showing signs of a reversal on long-term charts and appears ready to challenge its 200 DEMA and SMA, presenting a lucrative short-term opportunity.
JYOTI CNC: Breaking Out with Momentum
BUY at ₹1115 | Stop Loss: ₹1050 | Target: ₹1210
Jyoti CNC is not only technically strong but also backed by solid fundamentals. The stock is emerging from an inverse head and shoulders pattern, with the RSI nearing the 60 mark, indicating growing momentum.
Disclaimer: The opinions and recommendations provided are from brokerage analysts and do not reflect the views of The Times of India. Always consult a qualified advisor before investing.
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