Stock market recommendations: According to Mehul Kothari, DVP – Technical Research, Anand Rathi Shares and Stock Brokers, Gujarat State Fertilizers & Chemicals (GSFC), Indegene, and Redington are the top stocks to buy today:GSFC – Positional BuyBuy near ₹209–₹203 | Stop Loss: ₹180 | Target: ₹260GSFC has witnessed a falling trendline breakout on the weekly chart, indicating a shift in long-term trend. The higher high – higher low structure confirms a reversal from the downtrend. On the daily chart, the stock has reclaimed both 200 DEMA and 200 SMA, reinforcing bullish strength. Weekly RSI is also on the verge of a breakout, hinting at further momentum.INDEGENE – Breakout CandidateBuy near ₹625 | Stop Loss: ₹580 | Target: ₹700Recently listed Indegene gave a trendline breakout in today’s session. The breakout also resembles a bullish flag pattern, a classic continuation setup. The move was accompanied by a noticeable rise in volumes, suggesting fresh buying interest and potential for follow-through.REDINGTON – Pullback BuyBuy near ₹268 | Stop Loss: ₹255 | Target: ₹294In the first half of May 2025, Redington gave a major breakout above ₹265, followed by a brief rally. The stock has now retested the breakout zone, and turned around after an exact 38.2% Fibonacci retracement of the previous move. A bullish engulfing candlestick on the daily chart supports the case for a renewed upside.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.
