Top stocks to buy today: Stock recommendations for February 19, 2025

Stock market recommendations: Mehul Kothari of Anand Rathi Shares and Stock Brokers recommends buying ONGC, Tata Motors, and Sundaram Finance stocks today. ONGC is suggested for an upside to ₹248, Tata Motors to ₹755, and Sundaram Finance to ₹5200, with specific stop-loss levels advised for each stock.
Top stocks to buy today: Stock recommendations for February 19, 2025
Top stocks to buy (AI image)
Stock market recommendations: According to Mehul Kothari, DVP - Technical Research, Anand Rathi Shares and Stock Brokers, ONGC, Tata Motors and Sundaram Finance are the top stock picks for today:
ONGC: BUY Near ₹233 | Stop Loss: ₹225 | Target: ₹248
Similar to other Oil & Gas stocks, ONGC has been in a corrective mode since it made a recent top of ₹268. We are now witnessing a double bottom formation along with a reversal candlestick pattern near ₹225. Additionally, there is a positive divergence of RSI on both the weekly and hourly scales. Traders are advised to go long near ₹233, with an upside target of ₹248 and a stop-loss at ₹225 on a daily closing basis
TATA MOTORS: BUY ABOVE ₹685 | Stop Loss: ₹650 | Target: ₹755
Tata Motors saw a sharp decline of about 43% from its peak of ₹1179, losing nearly 509 points. It recently formed a Bullish Crab pattern around the ₹665-680 range, aligning with a strong support zone and the S1 Monthly pivot support, highlighting its importance. Additionally, a bullish RSI divergence on the daily chart indicates positive momentum. Traders may consider entering long positions above ₹685, with an upside target around ₹755 and a stop-loss at ₹650** on a daily closing basis.
SUNDARAM FINANCE: BUY NEAR ₹4650 | Stop Loss: ₹4350 | Target: ₹5200
Sundaram Finance has been range-bound for many weeks, indicating it has outperformed other stocks in the market and benchmarks as well. We are witnessing a range breakout with a rise in volumes. Even the daily RSI is on the verge of a breakout. Traders may consider entering long positions near ₹4650, with an upside target of ₹5200 and a stop-loss at ₹4350 on a daily closing basis.
Disclaimer: The opinions, analyses and recommendations expressed herein are those of brokerage and do not reflect the views of The Times of India. Always consult with a qualified investment advisor or financial planner before making any investment decisions.
author
About the Author
TOI Business Desk

The TOI Business Desk is a vigilant and dedicated team of journalists committed to delivering the latest and most relevant business news from around the world to readers of The Times of India. The primary focus of the TOI Business Desk is to keep a watchful eye on the global business landscape, covering a wide spectrum of industries, markets, economic trends, in-depth analysis, exclusive reports and breaking stories that impact businesses and economies. With a mission to provide valuable insights and updates, the desk ensures that TOI readers are well-informed about the ever-changing and dynamic world of commerce and can navigate the complexities of the business world.

End of Article
FOLLOW US ON SOCIAL MEDIA