Top stocks to buy today: Stock recommendations for March 13, 2025 – The Times of India-OxBig News Network

Top stocks to buy (AI image)

Top stock market recommendations: According to Aakash K Hindocha, Deputy Vice President – WM Research, Nuvama Professional Clients Group, DLF, SRF, and Adani Ports are the top buy calls for today. Here’s his view on Nifty, Bank Nifty and the top stock picks for March 13, 2025:
Index View: Nifty
Nifty recovered nearly 150 points from its intraday lows of Wednesday which was purely due to a weaker global handover to end flat. The index has been holding above its recent resistance of 22450 for the past couple of days as the market awaits a short covering trigger. Charts have opened up for a journey towards 22800+ for this week awaited by a positive sentiment trigger to lift the index higher. On the downside, 22250 is likely to act as a fresh demand generator for the index.
Bank Nifty
Bank Nifty on the flip side has ended at a 9 month low earlier this week due to pressure on smaller private banking space. Any price action allowing the index to sustain below 47800 could further trigger a bearish cup and handle breakdown on charts of Bank Nifty. Negation for the same stands at 48100 while a short covering move does not trigger unless a close above 49000 is not seen on the index.
DLF (BUY):
LCP: 668.70
Stop Loss: 646
Target: 718
DLF has completed a 35% correction from its highs, a similar percentage of cooldown was seen in 2021-2022 correction in this REALTY bull market started since Covid lows. A reversal has been confirmed on weekly charts with an initial spike of 6-8% on the upside.
SRF (BUY):
LCP: 2958.60
Stop Loss: 2846
Target: 3100
SRF has registered its highest ever weekly closing as chemicals have started showing signs of ending its multiyear consolidation. Stock is continuing its momentum given the ongoing flag breakout on charts and can extend this by another 5-7% from CMP.
ADANIPORTS (BUY):
LCP: 1128.30
Stop Loss: 1098
Target: 1200
A 3 month trendline breakout has been seen on charts of ADANIPORTS, this is in synchronisation with a reversal from a 50% retracement zone on charts near 1000 where the chart has formed a triple bottom. A retest of 200 DMA upside is now open towards 1200+
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.

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