Top stocks to buy today (AI image) Stock market recommendations: According to Mehul Kothari, DVP – Technical Research, Anand Rathi Shares and Stock Brokers, Patanjali, Bharat Rasayan and Oil India are the top stock picks for today:PATANJALI: BUY Near ₹1800 | Stop Loss: ₹1720 | Target: ₹2000After consolidating between ₹1900 – ₹1700 for the past four months, the stock has shown resilience with no major declines, making it a safe bet in the current market environment. A breakout above ₹1900 could indicate further strength. Traders are advised to go long near ₹1820, with an upside target of ₹2000 and a stop-loss at ₹1720 on a daily closing basis. BHARAT RASAYAN: BUY ABOVE ₹9900 | Stop Loss: ₹9200 | Target: ₹11500The stock formed a top above ₹14,000 in September, followed by a sharp correction of around 35%. It has retraced 78.6% of its previous rally. A reversal candlestick pattern on the monthly chart signals a potential rebound. We expect some bounce once the stock starts trading above ₹9900. Traders are advised to go long only above ₹9900, with an upside target of ₹11500 and a stop-loss at ₹9200 on a daily closing basis. OIL INDIA : BUY ABOVE ₹415 | Stop Loss: ₹395 | Target: ₹455Despite today’s market crash, the stock closed with gains, indicating strong resilience. A reversal candlestick pattern is visible on the daily chart, and a triple bottom formation near ₹395 further supports a potential upward move. Traders are advised to go long above ₹415, with an upside target of ₹455 and a stop-loss at ₹395 on a daily closing basis.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.
Top stocks to buy today: Stock recommendations for February 12, 2025
