Business News

Top Stocks to Buy Today – Stock Market Recommendations for August 25, 2026 – Checklist

Top stocks to buy today August 25, 2026

Stock market recommendations: Jindal Steel, Bajaj Cars, Engineers Indiaand NMDC – these have been recommended as the top stocks to buy today on August 25, 2026 by Somil Mehta, Head of Retail Research, Mirae Asset ShareKhan:Buy Jindal Steel at CMP; Stop Loss: Rs 1106 at close; Target: Rs 1190-1220 Jindal Steel has been quietly gaining strength over the past few weeks and is now trading near the upper end of its recent consolidation zone. The stock has managed to stay above key moving averages, reflecting an uptrend in the near term.The recent breakout of the range suggests that the bulls are gaining control, paving the way for a continuation of the bullish move. Momentum indicators are also showing signs of strength and have given a bullish crossover in the trading session on Monday. It may move towards the 1190-1220 zone in the coming sessions. On the downside, the 20DMA at 1106 is likely to currently act as a key support level.Buy Bajaj Auto above Rs 11850; Stop Loss: Rs 11650 at close; Target: Rs 12,150-12,400 Bajaj Auto continues to trade in a strong uptrend after a sharp rally from July lows. The stock is currently witnessing a healthy consolidation near its recent highs, which is often seen as a sign of strength rather than weakness. Despite the sideways movement, prices have remained comfortably above the 20-day SMA and 40-day EMA, indicating that buyers continue to remain in control.The ongoing consolidation appears to be a pause within the broader uptrend and could act as a foundation for the next leg of the move. As long as the stock remains above 11650, the short-term outlook remains positive, with potential for a move towards the 12150-12400 area in the coming sessions.Buy Engineers India at CMP; Stop Loss: Rs 246 at close; Target: Rs 267-272 Engineers India has shown encouraging price action after completing a corrective phase. The stock rebounded sharply from its July 24 low, forming a clear five-wave upward move before entering a brief ABC-style pullback. Importantly, this correction found support near the key daily moving averages, indicating that the broader trend remains intact.Since then, the stock has recovered strongly and is now attempting to resume its upward trajectory. The recent rally suggests renewed buying interest at lower levels and points to the possibility of further gains. Going forward, the stock may advance towards the 267-272 zone in the coming sessions, while 246 is expected to provide strong support on any dip in between.Buy NMDC at CMP; Stop Loss: Rs 82.50 at close; Target: Rs 89.50 to Rs 92 NMDC appears to be witnessing a gradual improvement in its momentum after healthy consolidation in recent weeks. The stock recently found support near its 40-week EMA, a level that has historically acted as a major demand zone, and has begun to recover from there. This suggests that buyers are stepping in at lower levels and that the broader uptrend remains intact. The recent price action indicates that the corrective phase may be coming to an end, while momentum indicators are also showing early signs of recovery.If the stock continues to hold above the ascending trend line support, it may rise towards the 89.50-92 zone in the coming trading sessions. On the downside, 82.50 remains a key support level and is likely to cushion any near-term weakness.(Disclaimer: Recommendations and views on the stock market, or any other asset class or personal finance management tips provided by experts and analysts are their own. These views do not represent the views of The Times of India.)


Source link

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button