Technical analysts Mitessh Thakkar of earningwaves.com and Sudarshan Sukhani at Technical Trends share their top stock picks for the day.

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From Mitessh Thakkar

Mitessh Thakkar's first buy call of the day is on Apollo Hospitals. He recommends this with a stop loss below Rs 5,280, and an upside target of Rs 5,500. Shares have gained more than 4 percent in the last month.

He recommends a buy on Tata Power. The stock had a big breakout on Friday. Thakkar advises a stop loss of Rs 230, and an upside target Rs 245. The stock is up more than 6 percent over the last month.

IRCTC is another buy call from Mitessh Thakkar. His recommendation comes with target of Rs 653 and a stop loss of Rs 622.

Thakkar’s solitary sell call is on Coal India with a stop loss of Rs 230.50 and a downside target of Rs 220. Shares have declined more than 1 percent over the last month.

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From Sudarshan Sukhani

Sukhani finds a buying opportunity in Apollo Hospitals. The stock has hit a record high recently. He advises a stop loss of Rs 5,200.

Sukhani's intraday short is on AU Small Finance Bank. The stock has broken below its support level. He advises a stop loss of Rs 735. Shares are down more than 3 percent over the last month.

Sukhani also has a buy call onCummins India with a stop loss at Rs 1,900. The stock has gained more than 5 percent in the last month.

Lastly, Sukhani recommends buying Hindustan Aeronautics. The stock hasn’t actually broken out, but it is experiencing some tailwinds. Sukhani anticipates a breakout and recommends a stop loss of Rs 3,800. Shares are up more than 3 percent over the last month.

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First Published:Jul 31, 2023 9:07 AM IST