Money Making Ideas: SAIL, Tata Steel, Hindalco Among Top Stocks To Buy Today- Check Share Price Targets (image source: Canva Edit)
Stocks To Buy Today: Here are the top 6 stocks to buy from brokerage recommendations. Stock picks with share price target projections can be great money-making ideas for stock market investors. Check SAIL, Hindalco, Tata Steel, Bajaj Fineserv and other share price targets here.
Stocks To Buy Today: SAIL Share Price Target
Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities has given a ‘BUY’ call for the stock setting the SAIL share price target range at Rs Rs 160 to 180. Shah also recommended a stop loss at Rs 125.
‘The stock is poised for a breakout from a prolonged consolidation phase lasting over a month. This potential breakout is accompanied by a positive crossover in the momentum indicator RSI, surpassing the crucial mark of 60, signalling renewed momentum. With lower-end support at 125, the stock’s upside potential targets are set at 160 and 180,’ said Kunal Shah.
Stocks To Buy Today: Hindalco Share Price Target
ICICI Securities maintained a ‘BUY’ rating for the stock setting Hindalco’s share price target at Rs 574 per share. The brokerage also recommended the stop loss at Rs 564. The current Hindalco share price is Rs 574 at 10:30 am on April 03.
Stocks To Buy Today: Exide Industries Share Price Target
Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities has given a ‘BUY’ call for the stock setting Exide industries share price target range at Rs 325 to 330 per share. The analyst has recommended stop loss at Rs 302 per share.
‘Exide Industries has witnessed a strong breakout from its consolidation phase on the daily chart, accompanied by a notable surge in trading volumes. This breakout indicates a potential shift in momentum. The momentum indicator RSI has confirmed this bullish sentiment with a positive crossover, signalling a buying opportunity. Moreover, the stock is approaching its 20-day moving average (20DMA) at 313, and a breach above this level is anticipated to boost the momentum further, indicating a potential uptrend continuation,’ Shah stated.
Stocks To Buy Today: Tata Steel Share Price Target
ICICI Securities maintained a ‘BUY’ rating for the stock setting Tata Steel’s share price target at Rs 172 per share. The brokerage also recommended a stop loss at Rs 151 per share. The current Tata Steel share price is at Rs 164 at 10:40 am on March 3.
Stocks To Buy Today: Punjab National Bank (PNB) Share Price Target
Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities has given a ‘BUY’ call for the stock-setting Punjab National Bank share price target range at Rs 135 to 140 per share. Shah also recommended a stop loss at 120 per share.
‘The stock has undergone a consolidation breakout and is trading above its crucial short-term average of 21 EMA. Additionally, the Relative Strength Index (RSI) is poised for a falling trendline breakout. Considering these factors, initiating a long position at the current market price appears opportune, setting a stop-loss at 120. The target for this position is 135/140, aligning with the anticipated bullish trend continuation,’ Shah said.
Stocks To Buy Today: Bajaj Finserv Share Price Target
the finance stock setting a Bajaj Finserv share price target at Rs 1870 per share. The brokerage also recommended a stop loss at Rs 1,575 per share. The current Bajaj Finserv share price is Rs 1639 at 10:57 am on April 03.
Stocks To Buy Today: Quess Crop
HDFC securities has maintained a ‘BUY’ rating for the stock setting Quess Crop share price target at Rs 573 per share. The brokerage also recommended a stop loss at Rs 508 per share. The current market price of Quess Crop is at Rs 552 at 11:00 am on April 03.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. Today Technology Market ResearchDigital suggests its readers/audience consult their financial advisors before making any money-related decisions.)
