Market Trading Guide: PVR Inox, Radico Khaitan among 5 stock recommendations for Thursday
1/6
Stock Ideas
Indian equities advanced in tandem with regional markets as easing crude oil prices and a largely priced-in US Fed rate hike improved investor sentiment. The constructive mood was further reinforced by a moderation in Japanese bond yields ahead of the BoJ's policy decision, supporting risk appetite across Asia. Investors now await the Fed Chair's commentary for deeper insight into the future rate trajectory, with the guidance expected to influence global liquidity conditions, capital flows and the near-term direction of financial markets.
2/6
Policybazaar - Buy
Buying Zone: 1827-1830 | Stop-loss: Rs 1730 | Target: Rs 2000
PB Fintech has delivered a sharp daily bullish reversal from moving average support around the 50-day EMA, surging to 1,827.10 (+5.25%). Supported by a strong intraday recovery off key support levels (1,731 EMA zone), price holding cleanly above the 20/50/100/200-day EMAs, and an RSI turning upward past 56 into positive territory, the chart setup signals renewed momentum targeting recent swing highs.
Virat Jagad, Sr Technical Research Analyst, at Bonanza Portfolio
PB Fintech has delivered a sharp daily bullish reversal from moving average support around the 50-day EMA, surging to 1,827.10 (+5.25%). Supported by a strong intraday recovery off key support levels (1,731 EMA zone), price holding cleanly above the 20/50/100/200-day EMAs, and an RSI turning upward past 56 into positive territory, the chart setup signals renewed momentum targeting recent swing highs.
Virat Jagad, Sr Technical Research Analyst, at Bonanza Portfolio
3/6
PNB - Buy
Buying Zone: 116.5-117.5 | Stop-loss: Rs 114 | Target: Rs 122
Punjab National Bank has recorded a daily trendline breakout above its short-term consolidation pattern, advancing to 116.80 (+1.83%). Supported by price holding comfortably above all key exponential moving averages (20/50/100/200 EMA) and an RSI strengthening past 55 in positive territory, the chart setup signals steady buying interest targeting higher resistance zones.
Virat Jagad, Sr Technical Research Analyst, at Bonanza Portfolio
Punjab National Bank has recorded a daily trendline breakout above its short-term consolidation pattern, advancing to 116.80 (+1.83%). Supported by price holding comfortably above all key exponential moving averages (20/50/100/200 EMA) and an RSI strengthening past 55 in positive territory, the chart setup signals steady buying interest targeting higher resistance zones.
Virat Jagad, Sr Technical Research Analyst, at Bonanza Portfolio
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4/6
PVR Inox - Buy
Buying Zone: 1255 | Stop-loss: Rs 1190 | Target: Rs 2510
PVR Inox has staged a sharp rebound on the daily chart after taking dynamic support near its 20 EMA and reclaiming immediate consolidation highs. Looking at the moving averages, the stock is comfortably trading above its key exponential moving averages the 20, 50, 100, and 200 EMAs which are positively stacked to confirm an underlying uptrend and healthy structural alignment.
Sachin Gupta, VP – Technical Research, Choice Broking.
PVR Inox has staged a sharp rebound on the daily chart after taking dynamic support near its 20 EMA and reclaiming immediate consolidation highs. Looking at the moving averages, the stock is comfortably trading above its key exponential moving averages the 20, 50, 100, and 200 EMAs which are positively stacked to confirm an underlying uptrend and healthy structural alignment.
Sachin Gupta, VP – Technical Research, Choice Broking.
5/6
Radico Khaitan - Buy
Buying Zone: 4466 | Stop-loss: Rs 4240 | Target: Rs 4918
Radico Khaitan took support near its 50-day EMA around 4345 after a brief pullback and pushed back up with a positive candle. The price action continues to hold above the full EMA cluster the 20, 50, 100, and 200 EMAs keeping the broader upward structure well in place. At the same time, the RSI has ticked up to 50.04 and crossed back above its signal line, showing that downward pressure is easing as buyers begin stepping back in. With the dip finding quick absorption, the setup points toward renewed upward traction. Maintain a stop loss at 4240 for a target of 4918.
Sachin Gupta, VP – Technical Research, Choice Broking.
Radico Khaitan took support near its 50-day EMA around 4345 after a brief pullback and pushed back up with a positive candle. The price action continues to hold above the full EMA cluster the 20, 50, 100, and 200 EMAs keeping the broader upward structure well in place. At the same time, the RSI has ticked up to 50.04 and crossed back above its signal line, showing that downward pressure is easing as buyers begin stepping back in. With the dip finding quick absorption, the setup points toward renewed upward traction. Maintain a stop loss at 4240 for a target of 4918.
Sachin Gupta, VP – Technical Research, Choice Broking.
6/6
Hindalco - Buy
Buying Zone: 973 | Stop-loss: Rs 930 | Target: Rs 1059
Hindalco is displaying signs of a technical rebound on the daily timeframe after testing its primary support zone around the 955 level. Looking at the moving averages, the stock has taken dynamic support right at its long-term 200 EMA and is attempting a recovery move toward the overhead cluster of the 20, 50, and 100 EMAs. Meanwhile, the RSI has curled upward to 39.22 from near- oversold levels, attempting to hook toward its signal line to reflect emerging buying interest and positive momentum divergence.
Sachin Gupta, VP – Technical Research, Choice Broking.
Disclosure: This article has been written by Podishetti Akash, who is not a SEBI-registered Research Analyst or an Investment Adviser. Podishetti Akash and her ‘relative(s)’ (as defined under Section 2(77) of the Companies Act, 2013) do not hold any financial interest in the companies mentioned in this article as of the date of publication. The views/recommendations mentioned in this article, wherever applicable, are those of the respective SEBI-registered Research Analyst/brokerage and have been reproduced/reported with due attribution. They should not be construed as the views or recommendations of The Economic Times Digital or the journalist. Readers are advised to consider the original research report and make their investment decisions based on their own assessment. Brokerage disclosures here.
Hindalco is displaying signs of a technical rebound on the daily timeframe after testing its primary support zone around the 955 level. Looking at the moving averages, the stock has taken dynamic support right at its long-term 200 EMA and is attempting a recovery move toward the overhead cluster of the 20, 50, and 100 EMAs. Meanwhile, the RSI has curled upward to 39.22 from near- oversold levels, attempting to hook toward its signal line to reflect emerging buying interest and positive momentum divergence.
Sachin Gupta, VP – Technical Research, Choice Broking.
Disclosure: This article has been written by Podishetti Akash, who is not a SEBI-registered Research Analyst or an Investment Adviser. Podishetti Akash and her ‘relative(s)’ (as defined under Section 2(77) of the Companies Act, 2013) do not hold any financial interest in the companies mentioned in this article as of the date of publication. The views/recommendations mentioned in this article, wherever applicable, are those of the respective SEBI-registered Research Analyst/brokerage and have been reproduced/reported with due attribution. They should not be construed as the views or recommendations of The Economic Times Digital or the journalist. Readers are advised to consider the original research report and make their investment decisions based on their own assessment. Brokerage disclosures here.