Top Picks / Stock Advice – List of Best Shares to Buy Today

Here you will find list of best shares to buy today from some of the top broking & advisory houses. Here you will find both technical calls & fundamental calls.

These Top Picks or Stock Advice can guide you in your investment journey.


Best Shares to Buy Today- (Dated: 4th September 2020)

NameActionCMPTargetStoplossTarget
Bharat Forge Sell49143052412%
ICICI Prudential Life InsuranceBuy44049539912%
IGLBuy41045538510%

The market sentiment has been in a lagging stage as no new economically driven action has been taken by the government lately. Moreover, the tension between India and China is causing more negative sentiments in the market.

After Nifty touched 11,800 levels it saw profit booking at a large levels that were impacted due to surging prices and geo-political news.

Nifty held at its 20 day average support, but managed to close above 11,500 for the past 2 trading session.

Bank Nifty is trading at the range of 23,300 to 23,900 and is awaiting further news from the Supreme Court on interest moratorium.

The market support is at 11,300 levels and its upside is around 11,550.

Market Call Today

The market call today is to sell Bharat Forge. The stock is selling volumes on daily charts and has formed lower top on weekly chart. Its breakout can put further pressure on the downside which can take the stock to 12% lower than its current traded price.

The next best script for today is to buy ICICI Prudential Life Insurance. Since, Life Insurance is an ever blooming sector, the script can suffice long term gains as well as it serves strong fundamentals. It is trading above its long term average and has a bullish trend. It can be brought in dips at level of Rs. 405- 415. The stoploss should be maintained at 399.

Additional Market Call Today                                                                                                   

The next pick for today is to buy IGL. The script has been trading with strong volume above its 50 day moving average. Its RSI has crossed upward and is expected to outperform from current levels. The target of the script is Rs. 455.

These were the best calls for today with a holding period of 3-4 weeks. Watching global cues and the impact of policies in the economy is an important factor while investing. We hope your portfolio is evergreen as the market shows positive signals.

(Source: Money Control)



Top Picks to Buy Today (Dated: 3rd September 2020)

NameActionCMPTargetStoplossTarget
Adani Green Buy56065050016%
CDSLBuy49060044518%
Aarti DrugsBuy29003700250018%
Zee EntertainmentBuy21026019016%

Yesterday’s closing session was positive so much so that Sensex managed to rally 200 points and Nifty closed at good level as well above 39,000 and 11,500 respectively.

The sectors that performed great were industries, power and energy. BSE small cap and mid cap that did exceptionally well in the month of August continued to rally both ending on a high of 1.6 percent and 1.2 percent respectively.

The most moved script was clearly Adani Green whose 10% rally left investor’s portfolio with high gains. It ended closing at its 52 week high price.

Other scripts that also managed to give a great rally since the previous session are Aarti Drugs, ZEE Entertainment and CDSL.

Talking about scripts with good gains, it is natural for an investor to want more of good performing scripts that have the potential to work wonders in short term. For similar reason we have listed the scripts that can perform well in short term below.

Best Shares to Buy Today

Talking about Adani Green that has been doing exceptionally well, it is a great short term pick as the script has been trading in an uptrend for over a year. After it broke out from its price level of 544, the script has increasing trading volumes. The stop loss is at Rs. 500.

The next best script to consider to buy today is CDSL. Since its March low, the script has seen major rally. The weekly chart show rounding bottom pattern. A rally with increasing volumes suggest that the script can touch 600 levels in near term making it a good pick with a short term goal.

Additional Best Shares to Buy Today

Looking at the performance of the pharma sector so far, the next stock to go long in is Aarti Drugs. The technical chart of the script sees it forming a higher top and higher bottom since March. After a dip due to the profit booking seen in it, it continued to move with an upside. The script can be brought in dips at a price of Rs. 2,600.

The last pick for the day is ZEE Entertainment. Buying is seen in the script since past months. Moreover, the weekly chart sees a bullish double bottom pattern which can cause a rally of about 16% in the script.

These were the picks to consider with a short term trading view. Note that maintain stoploss is mandatory and must always be adhered to. Taking cautious measures and moving hand in hand with global cues must always be an investors trading strategy.

(Source: Money Control)



Top Stocks to Buy Today- (Dated: 31st August 2020)

NameActionCMPTargetStoplossTarget
Canara BankBuy1141221076%
JSW SteelSell2812702914%
Info Edge IndiaBuy3,3893,5903,2806%

Last week, on all days the market ended on a positive note. Investors were happy to see upside in their stocks and a rally in many sectors in the market.

The market has been trading on a high that clearly suggests how profit booking is a very good step at this level. When market surges, there are chances of a further correction that can soon take place as well.

The markets next upside is at 11,700-11,750 levels. Whereas, it’s key support is at 11,540 levels.

Along with Nifty, BSE midcap and smallcap performed well in last week’s sessions. The largest move was seen in Bank Nifty that rose 10% in a week’s time.

Beside the sectorial front, stock specific upside was more, that makes it important to select good scripts that can fetch handsome return to investors.

Best Shares to Buy Today

The best pick for today is to go long in Canara Bank. As seen last week, the banking sector gave a good rally and was stock specific so much so that Canara bank also saw large increase in its price. Traders always choose Canara bank thinking about short term upside. Its daily chart shows a good price to volume breakout. The target of the script is at Rs. 122.

The next pick for today is to sell JSW Steel. The script has been underperforming since quiet sometime with the metal sector also on a downside. The history of technical charts of steel scripts show one its performance is always one sided. If it starts to rally then it constantly sees increase in prices and vice versa. JSW Steel saw large selling on Friday. The downside of the script is about 4%.

Additional Best Shares to Buy Today

The next best share that one can consider to buy today is Info Edge India. The script has doubled since its march traded price. Lately, it has seen some correction and is moving in a consolidated manner. Last Friday’s breakout with decent volumes resumed an uptrend in it. The stoploss to be maintained while placing trade for Info Edge India is Rs. 3,280.

These were all about the best script to buy today with a view for short term trade that is about 3-4 weeks. All trades must mandatorily be placed with a stoploss of a minimum of 3% that would allow the trader to stay safe in the market at all times.

(Source: Money Control)



Best Shares to Buy Today- (Dated: 28th August 2020)

NameActionCMPTargetStoplossTarget
Axis BankBuy47354542415%
Coal IndiaBuy14016112415%
HDFCBuy1,8632,0581,72012%
BataBuy1,3401,42013006%

In the month of March, during the onset of the pandemic and lockdown, the market witnessed a great decline as selling pressure increased with investor’s worrisome attitude about their investment. Since then, yesterday’s trading session led the market recover for 5 months, closing at its 5-month high.

The strong support for Nifty is at 11,230 levels and upside is around the range of 11,850-12,000.

Alongside, Bank nifty has also been doing exceptionally well and seems it would test its 200 day moving average that is at 25,510 levels.

Moreover, Nifty Midcap and Smallcap are also performing well this month.

Today is the last session of the week. Investors are keen to see if the market trades on a positive side today as well, after sufficing positive closes from the past 5 trading sessions.

Best Picks to Buy

The first best stock to buy today is Axis Bank. The script took support previously after which its trend reversed and is now expected to do well in short term. Within the next 2-3 weeks the script may see around 15% upside.

Coal India is another script where one should go long in. Although the script was underperforming initially, its trend reversed and it gave a breakout from its 100 day SMA last week. The target price for the script is Rs. 161.

Additional Best Picks to Buy

The next best stock to buy today is HDFC. Since the banking sector has been doing well, HDFC has also experienced a good rally. The stock gave a breakout from its short and medium term averages and we expect it to further increase in the coming sessions. However, while placing trades for HDFC, stoploss should be maintained at Rs. 1,720.

Next stock to buy is Bata. The script shows a right angled breakout and a bullish trend in its daily chart. The pattern also indicated breakout at higher low and is suggested to buy around the price of Rs. 1340.

These were the best picks one can consider to buy today. Since the market is now hand in hand with global cues, taking precautionary measures in case market reverses is always suggested.

(Source: Money Control)



Best Shares to Buy Today- (Dated: 27th August 2020)

NameActionCMPTargetStoplossTarget
Gillette IndiaBuy5,5506,0005,3008%
Kotak Mahindra BankBuy1,4401,5501,3608%
Exide IndustriesBuy1701841638%

Nifty has been doing well since the past few trading sessions. After Nifty took support at its 21 day moving average its performance has been getting better with every passing trading session.

Experts believe that decisively breaking 11,500 levels would lead Nifty to cross its next resistance of 11,800 as well. Moreover, the support is now at the range of 11,400-11,300.

With today being the last Thursday of the month and expiries for F&O, staying cautious with trades is important as volatility is expected today.

The market will continue to react to global cues and on the steps discussed in the GST council meet.

 Top Scripts to Buy Today

The best script to buy is Gillette India. Its crucial resistance was at 5,350-5,400 levels which the script managed to cross on 25th August trading session. This caused a triangle pattern on a daily interval. Moreover, the stock is moving above its 21 day exponential moving average which is more the reason for a buy call for short term gains. The target price of the script is Rs. 6,000. It can be brought in dips at 5,530 as well.

Next best stock for today is Kotak Mahindra Bank. Considering the good rally in the banking sector, the script has been performing well. Plus its good financials give it the potential to hold for long term as well. It is also seeing increasing trade volumes. On a technical note, the script is trading above its 21 day and 50 day moving average. However, maintaining stoploss is essential and must be set at Rs. 1,360.

More Top Scripts to Buy Today

Another stock recommendation is to go long in is Exide Industries. The stock has crossed its triangle pattern breakout and is trading above its crucial support. It is also in uptrend and is trading above most of its important moving averages. Accumulation can be done at around 160 levels. One can expect about 8% upside in the script in the next 2-3 weeks.

The above were the stock recommendations for today along with the technical backing suggesting why one should consider the script and the perfect level to buy and sell the same. We hope these trades allow you to gain good returns in short term.

(Source: Money Control)



Top Stocks to Buy Today- (Dated: 26th August 2020)

NameActionCMPTargetStoplossTarget
IFB Industries Buy48655643014%
India GlycolsBuy31134828012%
Atul AutoBuy18921117011%

Tuesday’s session was a consolidated but positive one with major support coming from banking and auto stocks.

Although market closed at a bare minimum positive, it was led by global cues, the impact of COVID 19 and its vaccine development in the country.

Bank Nifty performed well and was mainly backed by State Bank of India and ICICI Bank. The market trading at higher levels called for some profit booking in metal and FMCG.

This week has derivate expires because of which it is expected that the market may take a volatile turn until the end of the month. However, market uptrend may lead to more roll overs as investors are seeing good profits in the script.

Nifty’s support remains at 11,200 levels, its upside at 11,550 and the next resistance at 11,750.

Best Picks to Buy Today

The first best pick for today is IFB Industries. The stock has been in uptrend since quiet sometime and saw a breakout this week from its 200 day moving average. The breakout was seen after its consolidated movement that went on for more than three to four months. After it crossed the 450 level, it became a potential buy to investors and was seen to be trading with higher volumes. The target price of the script is at Rs. 556.

The next best stock that one can consider to buy today with a short term view is India Glycols. The script gave a breakout from its consolidated movement around the range of Rs. 250 to Rs. 300. Therefore immediately after it crossed this price the best price to but it at is Rs. 311. The script can be brought in dips and accumulated at the level around 305- 310. The short term upside of the script is around 12%.

Additional Best Picks to Buy Today

With a view for gains within 3-4 weeks, the stock recommendation that one can buy is Atul Auto. The script is moving above its short term moving average. The prices and volumes in the script are also seen to be increasing. Moreover, the auto sector is also seen to be doing well in the recent past. Its breakout above its 200 day moving average clearly makes it a short term buy call. However, the stoploss should be maintained at Rs. 170.

These were the best stocks to buy today along with its technical rationale to understand the reason why these scripts should be considered with a short term view. The markets uptrend is a good opportunity to grab in order to gain maximum in short term.

(Source: Money Control)



Top Picks for the Day (Dated: 25th August 2020)    

NameActionCMPTargetStoplossTarget
Indian Energy Exchange Buy190.5021018010%
Deccan CementsBuy309.2034029010%
Gujarat GasBuy319.7036529514%

The week started on a positive note where Nifty gained 95 points and closed at a high of 11,466 which is a six months high for the market.

Last week the strong support for Nifty was at its 20 day EMA and after reaching to it, it bounced back. The new strong support for Nifty lies at 11,200-11,300 levels.

If the indices close above 11,200 then further uptrend can be expected. But if it closed below 11,200 then there could be chances of more correction in the market.

The immediate resistance for Nifty is at 11,550 and the next resistance lies at 11,780 levels.

The month of August was a good sign for Nifty midcaps and smallcaps. Up till now we have seen that the both have risen 11 percent and 15 percent respectively, whereas Nifty has increased only 3.5 percent.

Experts believe that coming sessions would lead Nifty midcaps and smallcaps increase more however suggesting a long term positive effect in the segment.

The market is following global cues and is also impacted by the government policies impacting the unlock phase in the country and the situation of the pandemic.

Best Shares to Buy Today

The top pick for today is Indian Energy Exchange. The script is expected to give a breakout from 193 levels and has been seen trading above its 200 day EMA.

Moreover, accumulation is still in the script. The script has a potential to an upside of about 10%.

Next pick for today is Deccan Cements. The script has closed at its 6 month high and given a breakout on its daily chart.

The script has a positive trend and is trading above its crucial averages. Since the script is forming higher tops and higher bottom on its daily chart, it has the potential to reach the target of Rs. 340.

More on Best Shares to Buy Today

The next best share to buy today is Gujarat Gas. The stock is trading in positive trend with increasing volumes.

The script is trading above its 200 day EMS as well. There is a good momentum in the script. However, trades should be placed with a stoploss at Rs. 295.

These were the top picks for today. Investors are advised to continue with a bullish trend in the market and make sure that stoploss is being maintained at correct prices that would avoid grave losses in case of reversal.

(Source: Money Control)



Best Shares to buy Today- (Dated: 24th August 2020)

NameActionCMPTargetStoplossTarget
NRB BearingsBuy85.509681.7012%
Vinati OrganicsBuy1,0561,1309997%
Zensar TechnologiesBuy17920416512%

Last week the market showed a dragging effect on many scripts. There was nothing major that occurred but a bare minimum correction in scripts. The majorly affected sector that outshone was that of small caps.

Experts believe that the market may go into correction soon which may require short term traders to place precautionary trades but however will serve to be fruitful in the long term.

The market correction can be considered as a good time to buy in dips and sell at the highest level.

The best move for now is to stay focused on Nifty’s performance. If Nifty surpasses 11,450- 11,500 levels then profit booking must be the next action. Buying at lower levels and selling at higher ones should be the utmost goal of one’s investment.

If the market crosses below 11,250-11,200 levels then a reversal for price correction can be expected.

Nifty Midcap is seen to be performing well. However, it is suggested to not completely rely on the same although it crosses its weekly 200 SMA.

Hot Stocks for Today

The top pick for today is NRB Bearings. The auto sector has been doing well since past sometime. The script is also doing comparatively well than its peers. The technical parameters of the script suggest an upside in coming days. Friday’s sessions also gave a breakout in the script. The trading volumes in the script is also increasing. The first target price for the script is Rs. 91 and the second is at Rs. 96.

The next script to by today is Vinati organics. After the market crash in the month of March, the script soon recovered by April. It was trading mostly near its 200 day moving average in its daily chart. Thursday’s session saw a great intraday rally in the script. Moreover, increasing volumes suggest at least a 7% upside in the script soon.

More Hot Stocks Today

The next hot stock for today is Zensar Technologies. The script has a strong technical background and has the potential to reach the target price of Rs. 204. It is an IT software company and comes from the midcap segment that has been doing well.

These were the top picks for today after analyzing the current market scenario. Buying and selling stocks at the correct prices is the key to the maximum gains from the market.

(Source: Money Control, CNBC TV18)



Top Picks to Buy Today- (Dated: 21st August 2020)

NameActionCMPTargetStop lossMovement% Target
ACCSell141912801530Downside10%
Godrej PropertiesSell863760940Downside12%
Pidilite IndustriesBuy145017101294Upside18%

So far this week Nifty Midcap and Nifty small cap have been performing very well and have increased 3.1% and 4.3% respectively. Nifty has increased 1.2% this week.

With the Nifty midcap and small cap increasing, it is advised that one must book profits at current level and wait for some correction in the market for broader action.

The derivative expiry is next week for which experts believe that market might stay volatile and investors may consider to rollover seeing good momentum in certain sectors and scripts.

The support for Nifty continues to remain at 11,100 levels and its next upside at 11,500 with an intention that surpassing 11,500 can cause a rally that can break the resistance of 11,700 levels as well.

Top picks for Today

The first pick for today is to sell ACC. There is an expectation that the script will breakdown leading to triggering its short term average that can allow further downtrend in the script. Its 200 day moving average which is at Rs. 1,510 will act as a reversal point which can further cause the script to go further downward.

The next pick is to sell Godrej Properties. The script has been moving sideways since many trading sessions. Its technical chart also show negative structure in the script with a potential for the script to move to Rs. 760 that is almost Rs. 100 down from its current trading price. However, stoploss should be fixed at Rs. 940 if one is selling Godrej Properties.

Additional picks for Today

Pidilite Industries is a good stock to buy today. The stock has been in the rising trend since a very long time. One peculiar technical feature seen in the script is that after testing its 100 week SMA, the script has reversed. The script has been seeing this trend since 2013. The script also gave a breakout and has reached up to its 2 month high. Experts believe that it will have a further upside crossing its medium term resistance as well.

These were the best stocks to buy today with the current market conditions. At such high levels it is always unpredictable as to how will the market perform next. Therefore, having buy and sell call in one’s portfolio is always helpful at rising market conditions.

(Source: Money Control)



Best Shares to Buy Today (Dated: 20th August 2020)

NameCMPTargetStop loss% Target
Aurobindo Pharma86496580012%
Cummins India46251043010%
LIC Housing Finance2782982657%

The Indian Market had a gap up opening on 19th August and mostly traded above 11,400 levels in the session. The bulls dominated the market and there were more gainers than losers.

It crossed its double top resistance on its daily chart that gave away higher high higher bottom formation.

The banking sector still remains to be under-performing specifically Nifty Private Bank and PSU Banking Indices that in turn is leading to the under-performance of banking sector as a whole.

A breakout of 11,500 levels will indicate a further upside of 11,800 which is the second resistance of the market. The support still remains at 11,150- 11,100 levels.

Top Picks for Today

Since the onset of the Covid-19 pandemic, the pharma sector has seen heavy gains. On that note, a good stock to buy today is Aurobindo Pharma.

The script has recently shown a breakout with increasing volumes. Nifty Pharma is also trading at a high level.

Moreover, the script is forming higher tops and higher bottoms on its weekly chart which indicates further bull movement in the script. The script can be further accumulated at the price of Rs. 862- 866.

The next best pick for today is Cummins India. The script is shown to form a bullish candle on its weekly chart and has given a breakout after which it nearly reached its support to bounce back.

The volumes in the script are also seen to be increasing. The bullish trend is the script is due to its movement above all its moving averages. 10% upside can be expected within 2-3 weeks trading session.

Additional Top Picks for Today

LIC Housing Finance is another stock to buy today. On 19th August trading session, the script crossed its critical resistance of 270 levels which also gave away a triangle pattern on daily chart.

The script has seen strong volumes post its breakout and is trading above its 50 day moving average. The script can be added in dips at the range of Rs. 276- 278.

These were the best stocks to buy today with a view of short term gains. The current market scenario is a good time to invest, however caution must be taken with rising indices by maintaining a strict stoploss specifically while trading with a short term perspective.

(Source: Money control)



Best Shares to Buy Today- (Dated: 19th August 2020)

NameCMPTargetStop loss% Target
Automotive Axles68382558021%
KEI Industries40145236213%
Cholamandalam Investment and Finance Company2302502108%
Thermax80292077016%
Biocon40044038211%
United Breweries101610779757%

Nifty traded in the range of 11,100 to 11,350 giving away a bullish trend with good backing from auto and banking sector.

The next support for Nifty is at 11,400 levels. However, experts believe that the market has potential to cross 1,500 levels as well.

The Indian market is expected to open on a positive today and the support is at 11,200 levels.

Best Scripts to Buy Today

Automotive Axles is a top pick for today that has the potential to rise up to 21% in the coming weeks. The script is moving in a consolidation and stands above its short and long term moving average.

The script has also given a breakout from its 200 day moving average. This can cause a rally to 825 levels in the same.

The next pick for today is KEI Industries. The script has constantly been in an uptrend and has given a breakout from its 200 day moving average.

There is a round bottom patter seen is in its daily chart and rising volumes in the script. It can also be brought in dips at Rs. 395-400.

Additional Best Script to Buy Today

Buy call for today is Cholamandalam Investment and Finance Company. The script has been trading in the consolidated prices that is in the range of Rs. 185 to Rs. 220 for about 2 months.

This week the script showed a breakout and closed above its 200 day moving average. The script can be brought in dips at Rs. 225 to Rs. 230.

Next pick for today is Thermax. It is recommended to go long in this stock as it gave a breakout above its 10 week consolidation. The stoploss should be maintained at Rs. 770.

Buying Biocon could also fetch a trader about 10% to 11% return in short term. Its technical valuations suggest that there could be a possible rally in the script as it is showing a “Bullish Harami” pattern.

The last pick for today is United Breweries. This stock can be considered for long terms as well as it has good financial valuations.

However, the short term target price remains at 1,077 due to its positive crossover of its 20 day moving average.

These were the best stocks to buy today that can fetch a trader short term gains for his/her portfolio.

(Source: Money Control)



Top Picks Today- (Dated: 18th August 2020)

NameCMPTargetStop loss% Target
EIH78907314%
Just Dial40745038010%
Balrampur Chini14716313511%
Aarti industries10271200100014%

The first day of this week, that is Monday’s session lead Nifty to end at 11,247 levels. On Friday’s sessions Nifty hit its 20 day EMA and rising wedge lower trendline support which was at 11,122 levels.

The next support for Nifty is at 11,100 levels which acts as a strong support and if Nifty hits a level below that then further downtrend can be expected.

Moreover, its resistance level is at 11,350- 11,400 levels, surpassing that it could cross 11,500 levels as well.

It is seen that this month has a good deal for Nifty Midcap and Nifty Smallcap as both the indices has increased by 6% and 8% uptil now this month.

The view for Nifty is positive maintain a stoploss at 11,100 levels. Investors should focus more on midcaps and smallcaps as they are likely to show good upside in the days to come

Best Shares to Buy Today

The Best Stock to Buy Today is EIH. It closed at its 4 month high which also shows a breakout on the daily chart. The price of the script is seen to be rising with increasing volumes as well.

The next few weeks may lead the stock to rally about 14%. The price of the script is low that enables investors to buy more quantities of the same.

The next best stock to buy today is Just Dial. The script closed at its two month high and has seen increasing volumes. Moreover, the short term trend of the script is positive. The target remains at Rs. 450.

More on Best Stocks to Buy Today

Balrampur Chini is also a buy call for today. After giving a breakout from its daily chart the script has closed at a six month high and is trading above its 200 day moving average forming higher tops and higher bottoms. The stoploss to be maintained for Balrampur Chini is Rs. 135.

Top Pick for today is Aarti Industries. It is a midcap company from the pharmaceutical sector that has the potential to reach the target price of Rs. 1200 in short term.

These were the top stocks to buy today with a short term view and an upside in about 2-3 weeks. Maintaining stoploss and diversification of ones portfolio must always remain an investor’s topmost priority while investing in the market.

(Source: Money Control, Economic Times)



Best Stocks to Buy Today- (Dated: 17th August 2020)

NameActionCMPTargetStoplossTarget
Berger PaintsBuy550.405905107%
Interglobe AviationBuy1133130098015%
Tata MotorsSell124.851161337%
BioconSell3943754085%

Today’s trading session marks the session for the third week of August. Friday’s sessions saw a 1 percent fall in the market after the consistent high that was seen previously, it was likely to keep a watch during the soaring conditions of the market.

It is expected that if the market hits a low of 11,100 then further correction until 10,975 or 10,875 levels will be possible. Whereas the key support still stands at 10,875. And if the market surpasses this level then bearish trend may be seen thereof.

The movements of midcaps and small caps created a euphoric situation last week. It was important to take caution in previous week’s trading session as the Midcap 50 was near its 200 day moving average.

Market may see some corrective movement but not too much in the severe side which will give investors good opportunity for entry if they missed it earlier.

Best stocks to Buy Today

Best stock to buy today is Berger Paint. The stock showed breakout from its congestion zone with good volumes and was steady during Friday’s market correction as well. The script can move about 7% up in the next few weeks. Although Berger Paints and Asian Paints have the same chart pattern, Berger Paints has a better potential for short term gains.

Next stock to buy today is Interglobe Aviation. Although the performance of the script for 10 months were dropping, the past 3 months showed how the script made up for the loss. A triangle form breakout is seen on the daily chart of the script alongside increasing volumes as well. Therefore, the target price for the script is set at 1,300 in the coming sessions.

More Top Picks for Today

Another pick for today is to sell Tata Motors. The technical view of the script suggests that the coming sessions may lead to a bearish trend in the script and show some corrective measures in the coming days with a potential downside of 118-116 levels. The bearish engulfing pattern on its chart makes it a potential short call for an investor’s portfolio.

Next best pick for today is to sell Biocon. Although all the pharma scripts have been in a good rally, this script is not able to match its peers. Currently facing some corrections, a further breakdown is expected in the script in coming sessions as the script struggles to cross 400 levels. Moreover, further profit booking may be seen as well.

These were the market moves one can consider for today taking precautionary measures to safeguard his/her portfolio.

(Source: Money Control) (Dated: 17th August 2020)



Top Picks to Buy Today- (Dated: 14th August 2020)

NameCMPTargetStop loss% Target
Bharti Airtel535.5062049516%
Canara Bank102.251259322%
Amber Enterprise 1685205116001.98%
Mahindra and Mahindra Financial Services134.2015212413%
Galaxy Surfactants1823.85202117505%

The current week will lead to an end of Q1 results of all the companies which calls for the market to directly be impacted by the global economic conditions from now on.

Although Nifty closed negative on 13th August, midcaps and smallcaps ended positive with a net gain of 2.6% and 3.2% so far this week.

Most of the stocks are reacting as per their quarterly result and the index is showing flat closing since previous two sessions.

Nifty support stands at 11,000 levels and its next resistance is at 11,500- 11,550 levels.

It is believed that today’s market session may be slight volatile and mainly impacted as per global cues. The coronavirus cases and the AGR hearing would also have an impact on the market.

However, telecom and banking scripts are likely to stay in focus.

Best Stocks to Buy Today

The best stock to buy today is Bharti Airtel. After its recent correction the script is seen to show a support at its 200 day moving average which seems to be a good entry point at the price of Rs. 536.

Next best pick for today is Canara Bank. It has formed a triple bottom and is expected to give a breakout as per the technical of its daily chart which can cause the script to rally about 22% in short term that is in about 2-3 weeks.

Amber Enterprise can be considered with a short term perspective as the script is likely to move up by 1.98% from its previous close of 1652.75. The script shows good technical values, however, stoploss must be maintained.

Additional Best Stocks to Buy Today

The next best pick for the day is Mahindra and Mahindra Financial Services. There has been large volume trades in the script and it has been witnessing good correction since few trading sessions. The likely price to buy the script is at Rs. 134 with a stoploss at 124 levels.

The last pick for the day is to buy Galaxy Surfactants. The stock can move about 5% higher from its current traded price. The company comes from the chemical sector and has more than 70 percent of its stake held by promoters. It can achieve the target of Rs. 2021.

These were the important points on the market for today and some information on the likely scripts that have the potential for short term gains.

(Source: Money Control, Economic Times)(Date: 14th August 2020)



Top picks to Buy Today- (Dated: 13th August 2020)

NameCMPTargetSupport
HCL Technologies Ltd.717780675
Hindustan Aeronautics Ltd.109913001000
M&M634710590
InterGlobe Aviation10341210925

Experts say that with the rising market it is important to take caution with ones portfolio to see that any sudden movement does no trigger scripts taking it to a lower rate which in turn is a loss to the investor.

It is expected that in today’s session if Nifty remains around 11,300 level then a bounce back to the range of about 11380- 11400 is possible.

Since on 12th August minor profit bookings were seen, nifty closed at around 11,300 levels. It is predicted that the fall was mainly due to the fall in the US market. The market lacks buying as Nifty has reached a high level and investors are often worried to take new position at higher levels.

For today’s session along with few coming sessions if the market fails to cross 11,380 levels then the chances of it hitting a low of 11,100 or 11,000 is possible. However, if the market is rising and reaches to about 11,350 then booking profit would be the best decision thereof.

It is appreciative to see how plenty of scripts in the BSE has managed to hit their 52 week high since the downfall that happened in the month of March.

Top Picks to Buy Today

Top stock to buy today is HCL Technologies Ltd. The script hit the low of 375 in March. However, post that it has been forming higher top and higher bottom and is currently trading at Rs. 717. Wednesdays long bullish candle indicates increasing buying volumes in the script.

Another top pick to buy today is Hindustan Aeronautics Ltd. Similar to the previous script, it hit low in March but since the past few months has been rallying with increasing volumes. Its breakout from its all time high of 1,185 gives it the potential to reach up to 1,300 levels.

More Top Picks to Buy Today

The best stock to buy today is M&M. The high volumes indicates buying interest at lower levels. Its resistance levels was as 600, after crossing this level the stock is expected to move up till Rs. 710 crossing its next resistance as well.

InterGlobe Aviation saw a large drop since the beginning of the lockdown and major fall in the aviation industry. Yesterday’s trading session indicated a bounce back in the script which gives it a strong potential to rise in a short term span.

These were the top pick for today that should be taken position in with a short term view. It is necessary to keep a watch at any script one buys keeping in mind the increasing market values.

(Source: Money control) (Date: 13th August 2020)



Best Stocks to Buy Today- (Dated: 12th August 2020)

NameCMPTargetStop loss% Target
Bhageria Industries13514912010%
Garden Reach Shipbuilders23526120511%
Tata Steel long Products30234027012%
ITC2012101904%
Axis Bank4434704305%

Indian Market is trading at its five month high. However, taking a lookout every now at then at these high rates are highly recommended.

Experts say that the best right now would be to go long as the bullish trend continues. But if the market tends to close below 11,299 levels then a bearish trend can be expected thereof.

Sector wise growth has been seen in finance, bank and metals since some time.

Few scripts showing good movement since the past few sessions are ITC and Axis Bank. And Bank of Baroda saw decline due to weak quarterly results.

Top Picks for Today

The top picks for today is Bhageria Industries. The script has been trading at a consolidated range for the past two months. Moreover, it is holding above the 200 day moving average giving it a potential to show about 10% upside in coming sessions.

Next best stock to buy today is Garden Reach Shipbuilders. It has been forming higher bottom pattern since weeks. It gave a breakout at 225 levels this week which formed a rounding bottom pattern along with rising volumes post breakout. This makes it a potential pick for good gains within 2-3 weeks.

Additional Top Picks for Today

Buying Tata Steel long Products can fetch about 12% upside as there is seen a fresh breakout and increasing volumes in the script. However, if there is a drop in prices then taking position in dips is also suggested. Maintaining stoploss is necessary and should be set at 270 levels for this script.

A buy call for today is ITC. It should be brought at CMP and added in dips with a stoploss at 190. The script has been showing good technical values via moving averages so there is an expectancy for it to show increasing volumes in coming sessions.

Axis bank can be purchased with a short term perspective as it has the potential to reach the target price of Rs. 470 with the breakout that it has shown on a lower time frame chart. If it sustains above Rs. 435, the target of Rs. 470 can easily be achieved.

These were the hot stocks to buy today with a view of short term upside. Note that it is important to take caution while short term investing during times of increasing market valuations by maintaining proper portfolio diversification and stoploss methodology.

(Source: Money control) (Date: 12th August 2020)



Top Picks/ Market Call Today – (Dated: 11th August 2020)

NameCMPTargetStop loss% Target
Sun Pharma544.1060051010%
Tata Power51.505748.5010%
Hindalco Industries178.601941709%
HPCL21729020920%

After Nifty showed positive upside for the past three continuous sessions, the recent top of 11,341 levels is the highest the market reached since the crash in March 2020.

Nifty took support at its 200 day moving average after which auto, metal and pharma rallied in the next sessions. Nifty small cap also was seen to be rising since the past few sessions.

The immediate resistance for Nifty is at 11,350 levels and the immediate support remains at 11,000 with the next support at 10,882.

Breaking the resistance of 11,350 could cause a rally leading Nifty to 11,500 – 11,550 levels within no time.

The market seems to show bullish trend for auto, pharma and metals in the days to come.

If Nifty hits 10,882 then there could be a reversal which would lead Nifty to show bearish trends thereof, until then the bullish view may seem to continue.

Buy call for today

With a short term view a buy call for today is Sun Pharma. Since the last six sessions, the script has broken its price consolidation and is showing rising volumes. The correct price to buy Sunpharma is at Rs. 544.10 and the expected upside is about 10%.

Tata Power is another best stock to buy today. It has shown strong technical value and broken out the symmetrical triangle on daily charts. Moreover, it has crossed the resistance of 51.55 levels which enhances 10% upside in short term. Increasing volumes have also been seen post the breakout.

More top picks for today

Another top pick for today is Hindalco Industries. It comes from the current outperforming sector that is the metal sector. It has been showing quiet volatility by forming higher tops and bottoms on the daily chart. However, it is expected to reach the target price of 194 with 3-4 weeks market sessions.

HPCL is also expected to rise and achieve a target price of Rs. 290 after it closed at 1.07% positive in the last session. HPCL is a large cap company. The script is highly impacted by a large margin of promoter holdings in the company.

These were the stocks to buy as per the market research today. Note that maintaining allocation and stoploss is always necessary when it comes to trading with a short term perspective.

(Source: Moneycontrol, Economic Times)



Top Picks / Todays Market Calls – Dated: 10th August 2020

NameCMPTargetStop loss% Target
Bajaj Finance34663780- 4050315016%
Century Textile32337030014%
Shriram Transport Finance Company6767256447%
Power Finance Corporation8591837%
M&M financial services20423518815%

With a strong close that was seen in the last trading sessions, it is expected that the market will rally only if it breaks the crucial resistance of 11,350 levels.

However, the immediate support would be at 11,000 and the next support at 10,850. It is a good time to place short term trades and gain likely amount of profit if the market shows positive upside in the coming week sessions.

We have listed some likely market calls today that can suffice gains in short terms.

Best stocks to buy today

The best stock to buy today is Bajaj Finance. Its technical chart show positive movement and has recently given a breakout with good volumes.

Increasing volumes along with increasing prices in the past sessions calls for good short term upside in the script. Currently trading at Rs. 3466, the script can increase to about 16% in the coming few weeks.

Next script to buy today is Century Textile. The stock has shown a breakout with good volumes that gives it potential to increase about 14% in short term.

Its triangle formation showed breakout that is also a good sign to buy the stock today. Maintaining a strict stoploss of Rs. 300 is also essential while placing trade for Century Textile.

Best Shares to Buy Today Continues…

Another short term pick for today is Shriram Transport Finance Company. There are chances that the script might show a breakout at 680 level which will further rally the prices of the same with increasing volumes. 7% upside can be expected with a short term view.

Power Finance Corporation has shown good technical movement in the last few trading sessions. It has traded above all the moving averages with higher volumes seen in the script as well.

Its bullish movement calls for about 7% increase in its current prices over the next few weeks. The script also has the potential for long term gains as it serves strong fundamentals. It is priced at a cheaper rate that makes it possible to hold more quantities of the same.

M&M financial services is another buy call for today with short term view. Although the script showed a steep fall during the initial months of the year it has been showing revival lately.

As per the short and medium term trade indices, it is expected to show about 15% upside. Buying the script at current prices is advised along with addition in dips till 195 levels.

(Source: Money control) (Dated:10th Aug 2020)



Top Picks / Todays Market Calls – Dated: 7th August 2020

Finding scripts that can suffice short term gains need thorough technical backing to make sure that the charts are read as per short term benefit point of view. We have summed up market calls today that can be purchased with a short term view for a trader’s portfolio.

NameCMPTargetStop loss% Target
NMDC871028116%
HDFC Ltd17782030159514%
Exide Industries15717314710%
REC106113997%

Top Scripts to buy today

One of the Top picks is NMDC. The script is seeing large volumes and has witnessed a breakout which gives it a potential to show an upside of about 16% within 3 to 4 weeks. The overall sector is also performing well which is all the more an assurance to consider gaining in short term from NMDC. The scripts price is on the lower side which enables the trader to buy higher quantities for the same.

Another best stocks to buy today is HDFC. The technical reasoning behind it being that it is expected to show an upward breakout so the script can reach the target price of 2030 levels that is   14% above the current trading price. Moreover, HDFC is a well reputed script of the banking sector that has been performing well in the current market situation. It is also a blue chip company that can suffice for long term benefit as well.

Another Top Stocks to Buy

Exide industries is seen to be trading at its 4 week high and has strong volumes which makes it a potential for short term gains. It is expected to show about 10% upside from its current levels achieving a target of Rs. 173. It is mandatory to maintain stop loss while placing trades with a view for short term profit. For Exide Industries the stop loss is at Rs. 147.

REC has been trading with high volumes after it reversed from its 52 week low in March, its rebound from its support of Rs. 100 can give good gains in the short term scenario. With the immediate support of Rs. 100, it is expected to reach a target of Rs. 113 in coming sessions. This also makes it a potential short term script to consider today.

These were all the market calls as on today meant for trading purpose with a short term profit view.

(Source: Money control, The Hindu Business Line)  (Dated:7th Aug 2020)



Disclaimer:

Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites, Derivatives, commodity and Currency can be substantial. Information herein should be regarded as a resource only and should be used at one’s own risk. This is not an offer to sell or solicitation to buy any securities and top10stockbroker.com or Medmonx Enterprises Private Limited will not be liable for any losses incurred or investment(s) made or decisions taken/or not taken based on the information provided herein. Information contained herein does not constitute investment advice or a personal recommendation or take into account the particular investment objectives, financial situations, or needs of individual subscribers. Before acting on any recommendation, subscribers should consider whether it is suitable for their particular circumstances and, if necessary, seek an independent professional advice.


 

 

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