According to The Times of India, Eicher Motors Ltd, Torrent Power, and Bajaj Auto have been recommended by Mehul Kothari, DVP - Technical Research at Anand Rathi Shares as top stock picks to buy today on June 24, 2026. These recommendations are based on technical analysis and chart patterns that suggest potential upside opportunities in these stocks.
As reported by The Times of India, Eicher Motors has witnessed a classic breakout from a well-defined price structure, supported by strong volumes, indicating renewed buying interest and strengthening bullish momentum. The stock has moved above a flat Ichimoku Cloud resistance, reinforcing the positive trend outlook. Momentum indicators remain supportive, with RSI holding above 50 and MACD sustaining above the zero line. The recommended buy range is ₹7,650–₹7,550 with a stop loss at ₹7,300 and target of ₹8,225.
According to The Times of India, Torrent Power is trading near a strong support confluence comprising the 200-day EMA, 200-day SMA, previous breakout zone and a rising trendline. The stock is displaying a bullish divergence on the daily Stochastic Oscillator, indicating weakening downside momentum. RSI on both the daily and weekly charts remains above the 50 mark, reflecting sustained bullish strength. The recommended buy range is ₹1,480–₹1,440 with a stop loss at ₹1,370 and target of ₹1,635.
As reported by The Times of India, Bajaj Auto is approaching a key support zone around its 50-day SMA, which coincides with Ichimoku Cloud support, creating a favourable risk-reward setup. The recommended buy range is ₹10,200–₹10,100 with a stop loss at ₹9,600 and target of ₹11,200.
