Kamal Ghorui
Top stocks to buy (AI image)
Stock market recommendations: Somil Mehta, Head – Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan recommends GMR Airports, Kotak Mahindra Bank, and L&T Finance as the top stock picks you can consider for February 24, 2026. He provides detailed target and stop loss levels:GMR Airports Ltd (GMRAIRPORT): Buy in the range between Rs 100 & Rs 101; Stop Loss: Rs 93; Target: Rs 115The stock has closed the week above the crucial resistance level of 99.50, as well as above its 20-and 40-week exponential moving averages. On the daily chart, it is forming a “higher top and higher bottom” pattern above the 200-day exponential moving average. Momentum indicators are positive, showing underlying strength; meanwhile, the key resistance is identified at 110 and support is at 95.Kotak Mahindra Bank (KOTAKBANK): Buy in the range between Rs 430 & Rs 431; Stop Loss: Rs 400; Target: Rs 480Kotak Mahindra Bank has been consolidating within a range for the last three weeks and is now giving a breakout of a descending sloping trendline on the daily chart. On the weekly chart, it is forming an inverted head and shoulders pattern above the 200 weekly exponential moving averages, which is expected to give an upside breakout. Momentum indicators are showing a positive crossover above the zero line, reflecting underlying strength. The important resistance level is at 454, while the important support is at 412.L&T Finance Ltd (LTF): Buy in the range between Rs 299 & Rs 300; Stop Loss: Rs 268; Target: Rs 350In the weekly time frame, the stock continues to form a base at the 20 weekly exponential moving average. The daily chart shows a range breakout above the important resistance level of 299, above the short-term 20 and 40-day exponential moving averages. Momentum indicators are positive, showing strength; meanwhile, the upside hurdle is at 316 and support is at 282.(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)
