Recommended Stocks to Watch: Top 8 Stock Picks by Market Experts for 25 February
Introduction
The stock market can be a thrilling and unpredictable adventure, and staying ahead of the curve requires a team of experts who can guide you through the ever-changing landscape. As we enter a new week, we bring you the top 8 stock picks by market experts for 25 February. From top-performing stocks to emerging trends, our experts have identified the best investment opportunities for you to consider.
Three Stocks to Buy, Recommended by Ankush Bajaj
Berger Paints: Buy at ₹502.85 | Target ₹516-525 | Stop Loss ₹495
According to Ankush Bajaj, a renowned expert in the field, Berger Paints is breaking out of a falling wedge pattern, accompanied by a bullish divergence in the RSI. Taking a long trade with a low-risk approach could be a good opportunity.
Glaxo: Buy at ₹2,638 | Target ₹2725-2750 | Stop Loss ₹2,544
Glaxo is exhibiting bullish momentum on the daily timeframe, and on the hourly chart, it has formed a clear double bottom around the 2460 level, making it a good candidate for initiating a long trade.
Redington: Buy at ₹250 | Target ₹275-282 | Stop Loss ₹236
Redington is in a strong upward momentum, although recent price action indicates some profit booking. Initiating a long trade could offer quick upside gains from current levels.
Three Stocks to Buy on Tuesday, Recommended by NeoTrader’s Raja Venkatraman
Kiri Industries: Buy above ₹570, Stop ₹555, Target ₹610-630
Raja Venkatraman, co-founder of NeoTrader, recommends buying Kiri Industries above ₹570 with a stop loss at ₹555 and a target of ₹610-630. The stock has made a base around the moving average bands, indicating that the revival emerging despite the market weakness spells some buying emerging at lower levels.
Texmaco Infrastructure & Holdings: Buy above ₹102, Stop ₹99, Target ₹106-108
After a strong decline into oversold territory, the formation of long body candles highlights that the prices are now recovering. Now, we can expect a rally towards the moving average bands, which show some bullish signatures. With a long body candle, one can look to go long for the next few days.
Kotak Mahindra Bank: Buy at ₹1970, Stop ₹1940, Target ₹2150
This private banking counter has managed to stay afloat during the recent capitulation, indicating some steady buying interest developing at lower levels. The support offered by the lower bounds of RSI clearly spells out that the trends are showing some revival again. With the possibility of some upward bounce emerging, one can consider going long as there is room to the upside.
Stocks Recommended by MarketSmith India
Abbott India Ltd: Current Market Price ₹29,813 | Buy Range ₹29,000-30,000 | Profit Goal ₹34,000 | Stop Loss ₹27,700 | Timeframe 3-4 Months
Union Bank of India: Current Market Price ₹117.3 | Buy Range ₹114-118 | Profit Goal ₹139 | Stop Loss ₹107 | Timeframe 3-4 Months
Conclusion
In a rapidly changing market environment, it is crucial to stay informed and adapt to the latest trends. Our experts have carefully selected these top 8 stock picks to help you navigate the market with confidence. Remember to always consult with certified experts before making any investment decisions and to carefully consider the risks involved. With the right guidance, you can make informed decisions to grow your investments and achieve your financial goals.
