- Axis Bank is a top pick with buy recommendations and targets around Rs 1,410-1,445
- Kaynes Technology recommended for buy with a target price of Rs 4,150 and stop loss Rs 3,990
- Bajaj Auto advised as a buy near Rs 10,000 with a target of Rs 10,300 and stop loss Rs 9,800
Market analysts and brokerage firms have identified high-conviction trading ideas for the upcoming session, focusing heavily on the banking, automotive, manufacturing, and financial services sectors.
Top picks include private banking heavyweight Axis Bank, auto major Bajaj Auto, electronics manufacturer Kaynes Technology, along with Tata Steel and the recently listed fintech platform Groww.
Here are the top five stock picks and trading ideas.
Axis Bank
Axis Bank emerged as a consensus top pick with two analysts recommending a buy on the stock.
Rajesh Bhosale, Equity Technical and Derivative Analyst at Angel One, advised buying at Rs 1,377 for a target of Rs 1,445, with a stop loss at Rs 1,340.
Vinay Rajani, Senior Technical & Derivative Analyst at HDFC Securities, also recommended a buy near Rs 1,375, setting a target of Rs 1,410 while maintaining a stop loss at Rs 1,350.
Kaynes Technology
Shrikant Chauhan, Senior Vice President at Kotak Securities, sees upside in the electronics manufacturing services space. He recommended a buy on Kaynes Technology for a target price of Rs 4,150, advising traders to protect the position with a stop loss at Rs 3,990.
Bajaj Auto
Vinay Rajani of HDFC Securities identified a buying opportunity in two-wheeler major Bajaj Auto. He recommended entering the stock at the Rs 10,000 level for a target of Rs 10,300, placing a stop loss at Rs 9,800.
Tata Steel
Raja Venkatraman, Co-Founder of NeoTrader, suggested a long position on Tata Steel. He advised buying the stock at Rs 208 for a target of Rs 215, with a stop loss maintained at Rs 204.
Groww (Billionbrains Garage Ventures)
VLA Ambala, SEBI RA & Founder of SMT Stock Market Today, identified value in the recently listed fintech and broking platform Groww. She suggested a mid-term swing trade entry near the Rs 170–175 range for multiple targets of Rs 190, Rs 200, Rs 210, and Rs 240. The stop loss is recommended at Rs 160.
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