Top Stock Picks: M&M and Waaree Energies for Today's Trading
Stocks to buy today: M&M, Waaree Energies; check target, stop-loss
Business Standard
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Osho Krishan from Angel One recommends buying Mahindra & Mahindra (M&M) and Waaree Energies stocks today. M&M is set for a target of ₹3450-3500 with a stop-loss at ₹3020, while Waaree Energies targets ₹3500-3560 with a stop-loss at ₹3050.
- 01M&M shows strong recovery and bullish momentum.
- 02Recommended buy price for M&M is ₹3220-3200.
- 03Waaree Energies has formed multiple bullish patterns.
- 04Target price for Waaree Energies is ₹3500-3560.
- 05Both stocks are positioned for favorable accumulation opportunities.
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Osho Krishan, a senior research analyst at Angel One, recommends buying shares of Mahindra & Mahindra (M&M) and Waaree Energies today. M&M has shown a strong recovery, closing at ₹3259 and moving above its 20-day Exponential Moving Average (EMA), indicating continued upward momentum. Investors are advised to buy M&M around ₹3220-3200, with a stop-loss set at ₹3020 and a target price of ₹3450-3500. Similarly, Waaree Energies, which closed at ₹3281, has maintained a position above its 200-day Simple Moving Average (SMA) and has formed bullish patterns, suggesting a strong outlook. The recommended buy price for Waaree Energies is ₹3250-3200, with a stop-loss at ₹3050 and a target of ₹3500-3560.
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Investors looking to capitalize on the bullish trends in M&M and Waaree Energies could see substantial gains if the target prices are reached.
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