Top stocks to buy today: Stock recommendations for May 15, 2025

Top stock market recommendations: Nuvama Professional Clients Group's Aakash K Hindocha suggests a positive outlook for Nifty and Bank Nifty, setting targets at 24900/25400 and a range of 54500-55900, respectively. Havells, Adani Energy Solutions, and HCL Technologies are top buy recommendations.
Top stocks to buy today: Stock recommendations for May 15, 2025
Top stocks to buy today (AI image)
Top stock market recommendations: According to Aakash K Hindocha, Deputy Vice President - WM Research, Nuvama Professional Clients Group, Havells, Adani Energy Solutions Ltd, and HCL Technologies Ltd are the top buy calls for today.Here’s his view on Nifty, Bank Nifty and the top stock picks for May 15, 2025:Index View: NiftyFrom ending at 3 week low last week to claiming back to 6 month high – markets have broken out of its previous range seen between 23900 and 24400. A new range window has now opened up on Nifty between 24400 – 25400 with volatility seen at elevated levels for the balance of this week. All the sharp gains at the start of this week were on the back of the ceasefire agreement announced over the weekend added by a sweetener to global equities on a temporary agreement reached between US and China on tariffs.24400 now acts as fresh support while 24900/25400 can now be seen as possible targets on upside.Bank NiftyBank Nifty has reversed its course from the 5 year trendline’s polarity support wherein it also completed its initial downside target. Unless a closing below the same (53500) is not seen further downside cannot be seen opening up. For now a range between 54500 and 55900 can be seen playing for this week on the index with a positive bias.
HAVELLS (BUY):LCP: 1598.20Stop Loss: 1550Target: 1705Stock is breaking out from a bullish flag formation with an attempt to hit its 200 DMA resistance near the 1700 mark. A higher low formation also confirms the same that sellers are not under control in driving the prices lower any further in this leg. Previous a sloping trendline breakout from a 6-month long correction has been spotted in April 2025, which is helping buyers emerge on dips in the stock.ADANIENSOL (BUY):LCP: 890.80Stop Loss: 868Target: 990Repeated higher low formations are seen on chart, along with reclamation of 200 DMA, indicating further upside yet to unfold on the same. Initial signs of a huge upside is being formed as the stock has been consolidating in a base formation pattern for the past 26 months. For now, we are looking for a 10% upside in this leg.HCLTECH (BUY):LCP: 1637.70Stop Loss: 1588Target: 1730An inverted head and shoulder formation is seen on daily charts where the stock has given a breakout of the neckline visible at 1600 odd levels. A higher low formation shows early signs of this breakout coming in the short term for targets of 200 DMA resistance floating near 1725 – 1735 band.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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