- Waaree Energies recommended long at Rs 3,281 with target Rs 3,670 and stop loss Rs 3,125
- Adani Power advised buy at Rs 154.45 with targets Rs 165, Rs 170 and stop loss Rs 148
- Power Finance Corporation buy suggested at Rs 420-425 with targets Rs 450, Rs 485 and stop loss Rs 400
Market analysts and brokerage firms have identified high-conviction trading ideas for the upcoming session, focusing heavily on the renewable energy, power, financial, consumer tech, and IT sectors.
Top picks for the day include solar manufacturer Waaree Energies, power major Adani Power, state-run power financier Power Finance Corporation (PFC), and eyewear brand Lenskart, alongside a short-selling strategy for IT heavyweight Tata Consultancy Services (TCS).
​Here are the top five stock picks and trading ideas:
​Waaree Energies
Ajit Mishra, SVP of Research at Religare Broking, sees significant upside in the renewable energy space. He recommended a long position on recently listed Waaree Energies at the current market price of Rs 3,281. He set a robust upside target of Rs 3,670, advising traders to protect the position with a strict stop loss at Rs 3,125.
​Adani Power
Gaurav Sharma, Associate VP & HOR at Globe Capital, highlighted strong momentum in the power sector. He recommended buying Adani Power at the current market price of Rs 154.45. He set upside targets of Rs 165 and Rs 170, maintaining a stop loss at Rs 148.
​Power Finance Corporation (PFC)
VLA Ambala, SEBI RA & Founder of SMT Stock Market, identified a buying opportunity in the power financing segment. She suggested entering PFC in the Rs 420–425 range for staggered targets of Rs 450 and Rs 485, keeping a stop loss maintained at Rs 400.
​Lenskart
Sachin Janardan Sarvade, AVP of Derivatives and Retail Research at IDBI Capital Markets and Securities, sees value in the consumer tech space, recommending a buy on Lenskart. He advised traders to buy the stock between Rs 542 and Rs 547 for an aggressive upside target of Rs 645, setting a stop loss at Rs 499.
​Tata Consultancy Services (TCS)
Bucking the trend of buy calls, Ajit Mishra of Religare Broking has identified a selling opportunity in the IT sector. He recommended a short position on TCS at the current market price of Rs 2,524 for a downward target of Rs 2,340, placing a stop loss at Rs 2,610.
​Disclaimer: The views and opinions expressed by the investment advisers on NDTV Profit are of their own and not of NDTV Profit. NDTV Profit advises users to consult with their own financial or investment adviser before taking any investment decision.
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