Top stocks to buy right this moment: Stock recommendations for July 4, 2025 – check list

Top stocks to buy (AI picture)

Stock market recommendations: According to Bajaj Broking Research, UPL, and Chennai Petroleum Corporation are the highest inventory picks for right this moment. Here’s its view on Nifty, Bank Nifty and the highest inventory picks for July 4, 2025:Index View: NIFTYIn current weeks, the Nifty index has showcased outstanding resilience, sustaining its upward trajectory and investor confidence regardless of a difficult macroeconomic and geopolitical surroundings. The index fashioned a 9 month excessive of 25,669 on Monday’s commerce. Index thereafter consolidated in a 300 factors vary with corrective bias signaling revenue reserving at greater ranges after current robust up transfer.The index in the course of the present week rebounded from the speedy assist space of 25,400-25,350. Going forward, the index holding above 25,400-35,350 on a closing foundation will lead to a pullback in direction of 25,900-26,000 ranges within the coming classes. However, failure to accomplish that could lead to a wholesome retracement or consolidation, with the index doubtless transferring inside the broader 25,200–25,700 vary.The proportion of Nifty 500 constituents buying and selling above their 200-day exponential transferring common (EMA) — a extensively tracked measure of market breadth — has proven a notable and broad-primarily based restoration in current months. After bottoming out beneath the ten% mark in March 2025, a degree traditionally related to excessive bearish sentiment and oversold market situations, the indicator has since rebounded sharply and at present stands at roughly 59%. This resurgence displays a significant shift in market dynamics, transitioning from slender management to a extra inclusive rally. Importantly, breadth thrusts of this nature have traditionally preceded or accompanied sustained bull market phases. In prior cycles, comparable recoveries have seen the indicator rise to above 90%, suggesting there could also be additional upside potential within the present transfer. The enchancment on this breadth metric signifies that the continuing rally is gaining inner power, with a rising variety of stocks taking part within the upside. This is a constructive sign for medium- to lengthy-time period buyers, as wholesome breadth tends to assist the sturdiness of upward market developments.Key positional assist lies at 25,200–25,000 ranges being the confluence of the 20 days EMA and the higher boundary of the current consolidation breakout space (25,200-24,500), which is predicted to act as a assist degree, showcasing change of polarity, the place earlier resistance turns into assist.NIFTY BANKBank Nifty consolidated with optimistic bias on the all-time excessive throughout final month. Escalating tensions in key international areas, which generally heighten market volatility, haven’t deterred the index’s momentum.We count on the index to prolong the present up transfer and head in direction of 58,500- 59,000 ranges within the coming month, the measuring implication of the final 15 classes consolidation breakout (57050-55150).The Index has rallied 18% within the final 4 months, therefore some consolidation can’t be dominated out at greater ranges. We imagine dips within the coming month needs to be used as a shopping for alternative. Key assist is positioned round 56,000-55,500.Stock Recommendations:UPLBuy within the vary of Rs 670-690

The inventory has witnessed a robust rebound after a base on the 100 days EMA signaling power. It is on the cusp of breaking above the excessive of May 2025 (699) thus affords recent entry alternative. The weekly 14 durations RSI has just lately generated a buy sign transferring above its 9 durations common thus validating optimistic bias. We count on the inventory to head greater in direction of 747 ranges within the coming months being the 161.8% exterior retracement of the earlier decline (699-618).Chennai Petroleum CorporationBuy within the vary of Rs 700-720

The inventory has just lately generated a breakout above a falling channel within the weekly chart signaling power and affords recent entry alternative.The breakout is supported by robust quantity and the bottom of current consolidation is positioned on the 500 days EMA which helps the optimistic bias.The weekly stochastic has generated a buy sign transferring above its 9 durations common signaling optimistic bias. We count on the inventory to head in direction of 787 ranges within the coming months being the 61.8% retracement of the earlier decline of October 2024 to March 2025 (999-433).(Disclaimer: Recommendations and views on the inventory market and different asset lessons given by specialists are their very own. These opinions don’t symbolize the views of The Times of India)