Kamal Ghorui
Top stocks to buy (AI image)
Stock market recommendations: Lupin, Jio Financial Services, Adani Ports and Special Economic Zone are the top stocks that Somil Mehta, Head of Retail Research, Mirae Asset ShareKhan recommends for buying on April 28, 2026.Lupin: Buy in the range between Rs 2324 & Rs 2325; Stop Loss: Rs 2204; Target: Rs 2470The weekly chart shows the price moving sideways in a wide range for the last eight weeks, but it is staying above a rising trendline. On the daily chart, the price is showing multiple support at the 50-day EMA and looks ready to break upward.At the same time, momentum indicators have crossed above the zero line, showing bullish strength. The main resistance is at 2400, and support is at 2240.Jio Financial Services: Buy in the range between Rs 253 & Rs 254; Stop Loss: Rs 243; Target: Rs 267On the weekly chart, the stock shows a breakout of a broad range. In the daily chart price forming higher top and higher bottom formation above the short term averages 20&40 DEMA.The daily chart shows a breakout of Inverted head and shoulder pattern . Momentum indicators are giving a positive crossover, suggesting strength. The key resistance is at 260 and support is at 248.Adani Ports and Special Economic Zone: Buy in the range between Rs 1628 & Rs 1629; Stop Loss: Rs 1555; Target: Rs 1720On the weekly time frame stock showing multi week resistance breakout and sustaining above that level. In the daily chart a small range breakout by taking support from 10 DEMA. Momentum Indicators are above the zero line showing strength. The key resistance is at 1700 and support is at 1600.(Disclaimer: Recommendations and views on the stock market, other asset classes or personal finance management tips given by experts are their own. These opinions do not represent the views of The Times of India)
