Top stocks to buy today: Stock recommendations for May 7, 2025
Stock market recommendations: According to Mehul Kothari, DVP – Technical Research, Anand Rathi Shares and Stock Brokers, Jubilant Ingreva, Adani Total Gas, and Southern Petro are the top stocks to buy today:JUBILANT INGREVA: BUY ABOVE ₹700 | Stop Loss: ₹640 | Target: ₹820Jubilant Ingreva is on the verge of a breakout from an inverse head and shoulders pattern on the daily chart, which is a strong bullish reversal structure. The stock has reclaimed its 200 DEMA, indicating a shift in medium-term trend.Notably, the RSI has also witnessed a range shift on the upside, further confirming momentum buildup. Traders are advised to buy the stock above ₹700, with a stop-loss at ₹640, and a near-term target of ₹820.ADANI TOTAL GAS (ATGL): BUY NEAR ₹630 | Stop Loss: ₹595 | Target: ₹710ATGL witnessed a significant volume-backed breakout in the previous session, aligning with overall strength across the Adani group stocks. The move confirms a major reversal formation on the charts. Momentum oscillators have also turned bullish, reinforcing the positive bias. The minor pullback seen today offers a favourable risk-reward entry point. Traders are advised to buy near ₹630, keeping a stop-loss at ₹595, and targeting ₹710 in the short term.SOUTHERN PETRO: BUY ABOVE ₹81.50 | Stop Loss: ₹78.50 | Target: ₹88Southern Petro is in a steady uptrend and has consistently taken support at its rising trendline on the daily chart. The stock recently found support around its 200 DEMA and is now positioned to retest its April high of around ₹89. The structure reflects strength and buying interest on dips. Traders can consider buying above ₹81.50, with a stop-loss at ₹78.50, and a target of ₹88.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.
