Stocks to Buy: 12 top stocks including SBI, RIL, Airtel, Titan, Dixon Tech – Market

Market expert Kunal Parar says that for the last few days, Nifty is trading between 26,200 and 25,700. Hardly a day comes where highs are above Rs 26,200. But we may see overall closing below 26,200 only.

Kunal Parar said that if Nifty does not sustain above 26,200, then Nifty can show us back to the levels of 25,950 to 25,700. He said that in future Nifty may trade between 25,700 to 26,200.

Stocks to buy on 24th December

Experts’ top picks include Bank of India, Mahindra Finance, Dixon Technologies, Lupine, Hero MotoCorp, AU Small Finance Bank, Airtel, GMR Airports, Titan, Reliance Industries and SBI. Let us know what the experts have given about these shares along with the target –

Somil Mehta said that he is bullish on Reliance Industries. He said that Reliance can give very good returns in the medium term. RIL shares have formed a strong base around Rs 1450. We have seen 10 percent returns from this level. In very short term, RIL has a very important support at Rs 1500. I believe that RIL will easily maintain this level. On the upside, RIL’s target will be Rs 1600 and Rs 1650.

Somil Mehta said that SBI has recently given a breakout and formed a flag pattern on the charts. SBI is moving above the 20 and 40-day moving averages. He said that SBI could be a good bet for the short-term. He said that this time SBI can cross the level of Rs 1000 and can show the level of Rs 1020-1030. Keep stop loss at Rs 958.

Bank of India Share Price Target

Gaurav Sharma of Globe Capital has advised to buy shares of Bank of India at the current level. He said that with the increase in volumes, there is renewed buying interest in the stock. He said that Bank of India was consolidating for the last few trading sessions and the stock is expected to give an upward breakout. The outlook on Bank of India is positive for the short-term. He has given a target of Rs 148 for the stock. Stop loss is at Rs 139.

Mahindra Finance Share Price Target

Gaurav Sharma has also advised to buy shares of Mahindra Finance for short-term gains. He said that despite the range bound movement in the markets, the stock is in an uptrend. Buying is going up due to the support of volume. He said that it looks very promising at the current level. The target price on Mahindra Finance is Rs 360 and Rs 365. Keep stop loss at Rs 342.

Dixon Technologies share price target

Market expert Pradeep Halder said that due to recent selling pressure, Dixon Technologies can reach the support level of Rs 12,900. He said that if you are an investor, the advice is to HOLD it. He said that the recent correction provides a fresh buying opportunity. He said that Dixon Technologies can reach the level of Rs 15,500 in the next two quarters. Dixon Technologies is a very good company.

hero motocorp share price

Expert Gaurav Sharma said that Hero MotoCorp shares are showing weakness in the last few trading sessions. Hero MotoCorp has given very good results in the month of November. Last month, domestic sales increased by 30 percent and exports increased by 70 percent. Hero MotoCorp has very strong fundamentals and any dip should be taken advantage of to buy more shares. If you are an investor, I would advise to hold and buy more if possible. For traders too, there is an opportunity to buy the recent selloff in Hero MotoCorp.

lupine share price target

Aastha Jain of Hem Securities has advised to buy shares of Lupine. He said that Lupine has corrected more than 10 percent from its high and is looking attractive around the level of Rs 2100. Lupine shares may show levels of Rs 2165 and Rs 2190 in the short-term. Keep stop loss at Rs 2045.

AU Small Finance Bank share price target

Gaurav Sharma said that shares of AU Small Finance Bank have shown a one-sided rally from the level of Rs 700-720. He said that from a trading perspective, HOLD AU Small Finance Bank at the current level.

airtel share price target

Somil Mehta of Mirae Asset Sharekhan said that Airtel can be a good option to buy in the short to medium term. Airtel shares are showing signs of recovery from the support of 20 and 40-day moving averages. One can take long position in Airtel with trading stop loss at Rs 2070. On the upside, Airtel shares can go up to Rs 2175 level.

titan share price target

Somil Mehta has also advised to buy shares of Titan. He said Titan is worth buying every dip. He advised buying in Titan for short to medium term. The target in the stock is Rs 4250. He said to keep stop loss at Rs 3800.

GMR Airports Share Price Target

Pradeep Halder said that GMR Airports is currently under pressure due to profit booking, after which it had reached the level of Rs 110. If one is maintaining a long position, I would recommend maintaining stop loss at Rs 96. If GMR Airports maintains the level of Rs 96, then this stock can show the level of Rs 125 in the medium term.

India Cements Share Price Target

Speaking to ET NOW Swadesh, market expert Pradeep Halder advised buying shares of India Cements at the current level. He said the stock is in an uptrend and this could be a good momentum play. The analyst has set a target of Rs 455, which he says can be achieved in the next 5-7 trading sessions. Maintain stop loss at Rs 403.

Disclaimer: This article is for informational purposes only and should not be construed as investment advice in any way. ET NOW Swadesh recommends its readers and viewers to consult their financial advisors before taking any money-related decisions.