Hindalco, TVS Motor among 5 stocks to buy today for upside of up to 17%

Indian headline index Nifty ended with minor gains and only a decisive breakout above the 25,000 can determine the direction, says Ajit Mishra, SVP - Research at Religare Broking as he sees support at 24,400–24,600. The D-Street is expected to see sector and stock specific action. ETMarkets has compiled a list of 5 technical and fundamental picks recommended by top brokerages to buy today. Take a look!

Target: Rs 7,580-7,820

Stop Loss: Rs 6,250

Kaynes has registered a decisive breakout above the multiple resistance zone at 6,530 on the weekly chart, accompanied by a strong bullish candle,

marking the end of its consolidation phase and the continuation of the medium-term uptrend. Momentum indicators further validate the bullish setup, with the weekly RSI holding firmly above 50 and a given crossover above its reference line generating a buy signal.

(Rajesh Palviya, Axis Securities)

Target: Rs 785-819

Stop Loss: Rs 702

Hindalco has given a decisive breakout above the medium-term multiple resistance zone around 715 on the weekly chart, backed by a strong bullish candle—signalling the onset of its medium-term uptrend. Adding to the bullish setup, the weekly RSI has crossed above its signal line and broken out of a horizontal resistance at 60, confirming renewed momentum and reinforcing the positive bias.

(Rajesh Palviya, Axis Securities)

Target: Rs 1,070-1,115

Stop Loss: Rs 885

Carysil has decisively broken out above the inverted head and shoulder pattern at 933 on the weekly chart with a strong bullish candle, marking the onset of a medium-term uptrend. Momentum indicators strengthen the bullish outlook, with the weekly RSI crossing above its signal line, confirming robust underlying momentum.

(Rajesh Palviya, Axis Securities)

Subros is a fundamental pick from SBI Securities. The company is engaged in the manufacturing of air conditioning systems and components for passenger and commercial vehicles as well as railways. Both Denso Corp and Maruti Suzuki India parent Suzuki Motor hold 20%/12% stake. Maruti is the primary customer for Subros. Attractive valuation and earnings expectations of a 27% CAGR over FY25-27 are key drivers.

(Sunny Agrawal, SBI Securities)

The stock on Monday ended with gains of 3% at Rs 3,585. It has remained unbeaten over the last seven sessions, gaining 10%. The stock has more upside left. Buy on dips for targets of Rs 3660 to 3690 levels with strong support seen at Rs 3,280 levels.

(Sunny Agrawal, SBI Securities)

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)