Prime shares to purchase at present: Inventory suggestions for February 12, 2025

Prime shares to purchase at present (AI picture)

Inventory market suggestions: In accordance with Mehul Kothari, DVP – Technical Analysis, Anand Rathi Shares and Inventory Brokers, Patanjali, Bharat Rasayan and Oil India are the highest inventory picks for at present:
PATANJALI: BUY Close to ₹1800 | Cease Loss: ₹1720 | Goal: ₹2000
After consolidating between ₹1900 – ₹1700 for the previous 4 months, the inventory has proven resilience with no main declines, making it a protected guess within the present market atmosphere. A breakout above ₹1900 might point out additional power. Merchants are suggested to go lengthy close to ₹1820, with an upside goal of ₹2000 and a stop-loss at ₹1720 on a each day closing foundation.
BHARAT RASAYAN: BUY ABOVE ₹9900 | Cease Loss: ₹9200 | Goal: ₹11500
The inventory shaped a prime above ₹14,000 in September, adopted by a pointy correction of round 35%. It has retraced 78.6% of its earlier rally. A reversal candlestick sample on the month-to-month chart alerts a possible rebound. We count on some bounce as soon as the inventory begins buying and selling above ₹9900. Merchants are suggested to go lengthy solely above ₹9900, with an upside goal of ₹11500 and a stop-loss at ₹9200 on a each day closing foundation.
OIL INDIA : BUY ABOVE ₹415 | Cease Loss: ₹395 | Goal: ₹455
Regardless of at present’s market crash, the inventory closed with positive factors, indicating robust resilience. A reversal candlestick sample is seen on the each day chart, and a triple backside formation close to ₹395 additional helps a possible upward transfer. Merchants are suggested to go lengthy above ₹415, with an upside goal of ₹455 and a stop-loss at ₹395 on a each day closing foundation.
Disclaimer: The opinions, analyses and proposals expressed herein are these of brokerage and don’t mirror the views of The Occasions of India. At all times seek the advice of with a certified funding advisor or monetary planner earlier than making any funding choices.