According to The Times of India, Hitesh Rathi, Technical Analyst (Equity & Derivatives) at Angel One, has recommended three stocks for September 18, 2026. The recommendations include Apar Industries, BEML, and Aegis Vopak Terminals as top stock picks for the day.
As reported by The Times of India, Apar Industries is recommended at ₹17,800-17,750 with a stop loss at ₹16,528 and target at ₹19,200-19,300. The stock has demonstrated very high degree of relative strength despite broader market weakness, staying largely unaffected by ongoing corrections. Technical indicators show a bullish column reversal followed by a bullish oversold reading on the PMOX indicator, confirming potential resumption of its prior uptrend.
According to The Times of India, BEML is recommended at ₹20,100-20,000 with a stop loss at ₹19,200 and target at ₹21,200-21,300. The recommendation follows a price breakout on candlestick charts, with the ongoing price correction offering a lucrative entry opportunity for this aerospace and defence manufacturing company. The correction is expected to help cool down exhaustion from the sharp rally witnessed in August, where the stock rallied nearly 25%.
As reported by The Times of India, technical analysis reveals strong tailwinds of momentum in Apar Industries with a bullish crossover on its 14-day smoothened RSI that did not slip into bearish territory below the 50 mark. The analysis suggests that weak hands chasing momentum following an earlier price breakout have been flushed out, positioning the stock to resume its prior trend.
