Top stocks to buy today: Stock recommendations for July 16, 2025 – check list
Stock market recommendations: According to Mehul Kothari, DVP – Technical Research, Anand Rathi Shares and Stock Brokers, Tilak Nagar Industries, Orchid Pharma, and ITC are the top stocks to buy today:Tilak Nagar Industries – Range Breakout with Volume SupportBuy near: ₹350–₹352 | Stop Loss: ₹336 | Target: ₹380Tilak Nagar Industries has witnessed a range breakout on the hourly chart, accompanied by strong volumes, indicating strength in the move. On the daily timeframe, a double bottom formation is visible, reinforcing the bullish structure. Additionally, the daily RSI has given a positive crossover with its moving average, suggesting improving momentum. The setup favors a short-term upswing.Orchid Pharma – Breakout After Prolonged Downtrend (Positional: 3 Months)Buy near: ₹730–₹750 | Stop Loss: ₹669 | Target: ₹880Orchid Pharma was in a sustained downtrend, correcting from its peak of around ₹2,000 to ₹600. After a phase of sideways consolidation, the stock is now showing signs of a potential breakout. A positive candlestick pattern has emerged on the daily chart, supported by a breakout in RSI. On the weekly scale, RSI is rebounding from lower levels, indicating a likely pullback rally in the medium term. ITC – Inverse Head & Shoulders BreakoutBuy near: ₹420 | Stop Loss: ₹411 | Target: ₹438After a period of consolidation, ITC is showing signs of renewed strength with a breakout on the daily chart, resembling an Inverse Head and Shoulders pattern. This breakout is backed by volume participation and confirmation from the daily RSI, which has also crossed above its average. The setup points toward short-term upside.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.
