Top stocks to buy (AI image) Stock market recommendations: According to Somil Mehta, Head – Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan, the top stocks to buy today are Apl Apollo Tubes Ltd, and CDSL:Apl Apollo Tubes Ltd – Buy in the range between Rs 1687 & Rs 1697; Stoploss: Rs 1640; Target: Rs 1790Apl Apollo Tubes Ltd has broken out of a flag pattern and is expected to resume the uptrend. Momentum indicators have also given a positive crossover above the zero line. The stock has been consolidating in a broad range since last week and has closed above 20 daily moving average i.e. 1642, resuming the up trend. Key resistance is 1703 & 1790 and support is at 1642 and 1620. CDSL – Buy in the range between Rs 1550 & Rs 1560; Stoploss: Rs 1500; Target: Rs 1670CDSL is broken out of a bullish consolidation pattern and expected to resume the uptrend. The stock has been consolidating since last week and has taken support at 20 daily moving average i.e. 1534. Momentum indicator has given positive crossover below the zero line. The stock is expected to continue the up trend till the previous swing high i.e. 1670. Key resistance is at 1622 & 1670 and support is at 1519 and 1486. (Disclaimer: Recommendations and views on the stock market and other asset classes given by experts are their own. These opinions do not represent the views of The Times of India)
