Multiple brokerage houses have shared their latest technical and derivatives-based stock recommendations, flagging opportunities across financials, banks and pharma stocks.
Across brokerages, analysts recommendations largely focus on technically strong counters and clearly defined risk-reward setups, as markets continue to trade in a range-bound but stock-specific manner.
Top picks include Meesho, Honasa, Piramal Finance, Gland Pharma and Bank of Maharashtra.
Piramal Finance (CMP: Rs 2,152.00)
Osho Krishan, Chief Manager – Technical and Derivative Research at Angel One, has recommended Piramal Finance as a buy at Rs 2,140 with a stop loss at Rs 2,070 and a target of Rs 2,240, indicating a near-term upside potential on the charts.
Meesho Ltd. (CMP: Rs 194.10)
Sachin Janardan Sarvade, AVP – Derivatives, Retail Research at IDBI Capital Markets and Securities, has recommended buying Meesho Ltd. in the Rs 192–194 range, with a stop loss at Rs 179 and an upside target of Rs 225.
Honasa Consumer Ltd. (CMP: Rs 443.50)
Sachin Janardan Sarvade is also positive on Honasa Consumer Ltd. advising accumulation between Rs 440–446, placing a stop loss at Rs 414 and targeting Rs 515.
Bank of Maharashtra Ltd. (CMP: Rs 93.65)
Vinay Rajani, Senior Technical Research Analyst at HDFC Securities, has recommended buying Bank of Maharashtra at Rs 93.65, with a stop loss at Rs 91 and a target price of Rs 97.
Gland Pharma Ltd. (CMP: Rs 2,375.00)
Among pharma stocks, Vinay Rajani suggested Gland Pharma as a buy at Rs 2,375, with a stop loss at Rs 2,320 and a target of Rs 2,500.
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