Stock market recommendations: According to Somil Mehta, Head – Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan, DLF, and Bajaj FinServ are the top stocks to buy today:DLF – Buy in the range between Rs 848 & Rs 853; Stop Loss: Rs 838; Target: Rs 880DLF has formed a flag pattern on the hourly chart and is expected to break out on the upside. Momentum indicators has also given a positive crossover around the zero line. The stock has been consolidating in a broad range since last month and has closed above 20 daily moving average i.e. 837, resuming the uptrend today. The stock is expected to continue the uptrend till the previous swing high i.e. 880. Key resistance is 860 & 880 and support is at 843 and 838. Bajaj FinServ – Buy in the range between Rs 2040 & Rs 2060; Stop Loss: Rs 2017; Target: Rs 2135Bajaj FinServ has broken out of an Triangle pattern and has resumed the uptrend. The stock has been consolidating since last month and has taken support at the lower end of the chart pattern i.e. 1989. Momentum indicator has given positive crossover below the zero line. The stock is expected to continue the uptrend till the previous swing high i.e. 2135. Key resistance is at 2051 & 2135 and support is at 2017 and 1989. 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.
