Stock market recommendations: According to Mehul Kothari, DVP – Technical Research, Anand Rathi Shares and Stock Brokers, Chennai Petro, Jubilant Pharmova, and ONGC are the top stocks to buy today:CHENNAI PETRO: BUY NEAR ₹670 | Stop Loss: ₹570 | Target: ₹870 (3 Months)Chennai Petro has broken out of a prolonged consolidation phase, forming a classic inverse head and shoulders pattern. The breakout is supported by strong volumes and has occurred above the 200 DEMA, adding strength to the bullish structure.A positive crossover in ADX (14) and a breakout in the weekly RSI suggest trend initiation and fresh momentum. Traders may consider entering near ₹670 with a stop-loss at ₹570 and a target of ₹870 over the next 3 months.JUBILANT PHARMOVA: BUY NEAR ₹980 | Stop Loss: ₹940 | Target: ₹1060 (Short Term)Jubilant Pharmova has broken out above a previous swing high, confirming a range breakout. A double bottom formation is visible on the charts, and RSI has shown a range shift above 60, which indicates bullish momentum. Traders can look to enter on dips near ₹980, keeping a stop-loss at ₹940 and targeting ₹1060 in the short term.ONGC: BUY NEAR ₹250 | Stop Loss: ₹244 | Target: ₹260 (Short Term)ONGC has also witnessed a breakout from its recent trading range. The stock has successfully reclaimed its 200 DEMA, a sign of strength returning to the trend. The weekly RSI is turning up from support zones, adding confirmation. Traders may consider buying near ₹250 with a stop-loss at ₹244 and a short-term target of ₹260.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.
