Top stocks to buy today: Stock recommendations for March 27, 2025 – The Times of India-OxBig News Network

Top stock market recommendations: According to Aakash K Hindocha, Deputy Vice President – WM Research, Nuvama Professional Clients Group, Affle, Amara Raja Energy & Mobility, and Bharti Airtel are the top buy calls for today. Here’s his view on Nifty, Bank Nifty and the top stock picks for March 27, 2025:
Index View: Nifty
Nifty has rallied close to 1000 pts in the past 1 week and with yesterday’s price action confirming a spinning top formation. The index made a fresh 10 week high on Monday but closed below its previous day’s high the following day. Adding to this, a close below its previous day’s low was also seen yesterday confirming price pressure at higher levels leading to a pause in momentum. Charts suggest a move towards 24000+ wherein it could retest its 200 DMA on the upside, a strong shakeout in the derivative data suggests a wild 400-500 pt swing in the next 2-4 trading sessions. Given the monthly derivative expiry due today index volatility is likely to remain elevated. Despite such a sharp uptick in past days, support based on charts continues to remain below 23000.
Bank Nifty
A 9% rally on Bank Nifty in the past 2 weeks have made the index trade at a fresh 3 month high. Intermediate targets have been met at 51650 while overall target continues to show bias towards the 52500 zone. A case of retesting its 200 DMA remains open wherein the index could initially take support at sub 51000 levels before inching higher as Bank Nifty looks more stretched compared to Nifty. However, outperformance of the same is likely to continue against Nifty.
AFFLE (BUY):
LCP: 1601.90
Stop Loss: 1530
Target: 1740
A 3 month trendline breakout has been seen on charts of AFFLE, this is in sync with a breakout from its 200 DMA resistance near 1540. The chart is now open to scale to levels not seen from the start of this calendar year and gears up for a quick 8% to 10% rally.
ARE&M (BUY):
LCP: 1039.90
Stop Loss: 1007.8
Target: 1200
Amara Raja Energy & Mobility has completed close to 50% correction from its highs, a similar percentage of cooldown was seen in 2021-2022 correction in this EV related bull market. A 9-month trendline breakout has been confirmed on daily charts which could allow a 12-15% initial upside.
BHARTIARTL (BUY):
LCP: 1738.55
Stop Loss: 1690
Target: 1825
Bharti Airtel has given a breakout of a 6 month long cup and handle pattern signalling that its consolidation phase while the market was correcting is over. The stock has been outperforming the index for the past 2 quarters and is likely to do so as this breakout paints a potential target of fresh all time high on cards.
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.