Top stocks to buy today: Stock market recommendations for May 26, 2026 – check list


Top stocks to buy today: Stock market recommendations for May 26, 2026 - check list
Top stocks to buy (AI image)

Stock market recommendations: Somil Mehta, Head of Retail Research at Mirae Asset ShareKhan recommends Larsen & Toubro (L&T), Bajaj Finance, and Bank of India as the top stocks to consider buying on May 26, 2026. He shares the range for buy calls, stop loss and target levels:L&T: Buy in the range between Rs 4030 & Rs 4040; Stop Loss: Rs 3880; Target: Rs 4400The weekly chart shows the price moving sideways in a wide range for the last few weeks, closing above 10 weekly moving average. On the daily chart, the price is showing multiple support at the 20 & 40 Daily EMA and looks ready to break upwards. At the same time, momentum indicators have crossed above the zero line, showing bullish strength. The main resistance is at 4140, and support is at 3940.Bajaj Finance: Buy in the range between Rs 940 & Rs 948; Stop Loss: Rs 903; Target: Rs 1030On the weekly chart, the stock has moved above the previous swing high, taking support at 20 weekly moving average. On the daily chart price is forming higher top and higher bottom formation above the short term averages 20 & 40 DEMA. The daily chart shows a breakout of a small consolidation pattern . Momentum indicators are giving a positive crossover, suggesting strength. The key resistance is at 990 and support is at 920.Bank of India: Buy in the range between Rs 146 & Rs 146.50; Stop Loss: Rs 140; Target: Rs 158On the weekly time frame stock showing multi week resistance breakout and sustaining above 40 weekly moving average. In the daily chart a small range breakout by taking support from 200 DEMA. Momentum Indicators have given positive crossover showing strength. The key resistance is at 154 and support is at 141.(Disclaimer: Recommendations and views on the stock market, other asset classes or personal finance management tips given by experts are their own. These opinions do not represent the views of The Times of India.)



Source link

Leave a Reply

Your email address will not be published.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