Stock market recommendations: According to Somil Mehta, Head – Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan, Dabur and Gail are the top stocks to buy today:Dabur – Buy in the range between Rs 480 & Rs 488; Stop Loss: Rs 467; Target: Rs 519Dabur has broken out of a downward slopping trend line and expected to resume the uptrend. Momentum indicators has also given a positive crossover below 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.477, resuming the up trend today. The stock is excepted to continue the up trend till the previous swing high i.e. 519. Key resistance is 494 & 519 and support is at 477 and 467.Gail – Buy in the range between Rs 188 & Rs 191; Stop Loss: Rs 182; Target: Rs 213Gail has broken out of a bullish flag pattern and expected to resume the uptrend. The stock has been consolidating since last week and has taken support at 40 daily moving average i.e. 182. Momentum indicator has given positive crossover below the zero line. The stock is excepted to continue the up trend till the previous swing high i.e. 213. Key resistance is at 197 & 213 and support is at 182 and 178. 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.
