Top stocks to buy today: Stock recommendations for April 3, 2025

Top stock market recommendations: Aakash K Hindocha recommends Computer Age Management Services, PCBL Chemical, and Balrampur Chini Mills for today. Following significant market movement, Nifty is poised for potential retracement while Bank Nifty shows resilience.
Top stocks to buy today: Stock recommendations for April 3, 2025
Top stocks to buy (AI image)
Top stock market recommendations:According to Aakash K Hindocha, Deputy Vice President - WM Research, Nuvama Professional Clients Group, Computer Age Management Services, PCBL Chemical, and Balrampur Chini Mills 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: NiftyHaving rallied nearly 1900 points from its 9 month low in March, Nifty has now retraced 38.2% of this move on Fibonacci retracement scale. Given the price action on Nifty this week, it could well retrace 50% of this whole 1900 point rally on account of jitters on the tariff news which would hit Indian markets on Thursday early hours. The index continues to hold above the 6 month trendline breakout seen on weekly charts and this pullback is just a retesting of the same.The broader trend remains buy on dip and levels of 24000 could be soon seen by the end of this month. Markets are nervous ahead of the tariff implementation as well as the RBI MPC meeting next week. For now the 22900 -23000 zone is seen as a strong support for Nifty.Bank NiftyIn line with Nifty, Bank Nifty as well shred close to 1.5% in Tuesday’s session but staged a comeback in Wednesday’s session.
Bank Nifty has retested its 200DMA sub 51000 mark after completing its initial targets at 51650 which we had highlighted last week. The index has been leaning forwards in counts of - one step back and two step forward. Any dips between 49900 and 50400 are likely to get bought into for a strong up move towards 52500, given the outperforming stance of the index against Nifty for the past 6 months.Bank Nifty is down less than 4% v/s a drop of 10% on Nifty in the past 6 months.CAMS (BUY):LCP: 3756.75Stop Loss: 3615Target: 4150Computer Age Management Services stock has bounced over 25% from its recent lows printed in March 2025. The price action suggests that the ongoing 2 week sideways consolidation is nearing an end and an upside resumption is on cards paving way for a bullish flag breakout formation. Given the strong bounce back from its low, stock is likely to extend its rally northwards by 10-12% after the breakout above 3800.PCBL (BUY):LCP: 435.40Stop Loss: 405Target: 470Higher high, higher low formation seen on charts of PCBL with the stock sustaining above its recent dynamic resistance plotted on the 200 DMA. Scrip has given a fresh momentum breakout as it has closed above the resistance of 430 created by a downward sloping trendline. A quick 6-8% move can unfold from the current set up at which the stock holds.BALRAMCHIN (BUY):LCP: 555.40Stop Loss: 532Target: 596With stock breaking above its 200 DMA resistance in the last fortnight, Balrampur Chini Mills has also given a breakout above sloping trendline resistance confirming a flag pattern breakout on daily charts. The consolidation above its 200 DMA before resuming the move forward confirms the presence of buyers for an anticipated up move towards 600 odd in the next couple of trading days.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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