According to The Times of India, Hitesh Rathi, Technical Analyst (Equity & Derivatives) at Angel One, has identified three top stocks for August 20, 2026. The recommendations include DLF at ₹680-675, PG Electroplast Ltd at ₹603-600, and Sansera Engineering with specific stop-loss and target levels.
As reported by The Times of India, DLF has established a Renko support pattern near its 40-brick EMA on its Daily 1% Renko chart and is now triggering a multi-brick breakout. The stock has experienced a sharp rally of over 35% over the past 4 months, indicating a resumption of its prior uptrend. The breakout pattern resembles a Pole and flat pattern breakout on candle stick charts, with emerging strength confirmed on Point and figure charts where the stock is triggering a Triple top buy after taking support near its 10-column MA.
According to The Times of India, PG Electroplast Ltd shows a consolidation breakout accompanied by a W-pattern breakout on higher time frame 3% Daily Renko charts, suggesting a confirmed trend reversal. Following this pattern, a bullish one-back swing breakout on the same time frame chart highlights the underlying strength of the ongoing up move.
As reported by The Times of India, the recommended stocks have specific trading parameters with DLF targeting ₹740 and stop loss at ₹635. PG Electroplast Ltd has a target range of ₹700-720 with stop loss at ₹555. The analysis suggests these stocks are showing bullish signals across different charting systems, indicating emerging strength and higher levels expected in upcoming sessions.
