According to The Times of India, Somil Mehta, Head of Retail Research at Mirae Asset Sharekhan, has recommended four top stocks for June 30, 2026. The recommendations include JSW Energy, Biocon, BHEL, and City Union Bank as strong buy opportunities for investors seeking market exposure.
As reported by The Times of India, JSW Energy is recommended as a buy in the range of ₹585-586 with a stop loss at ₹558 and target of ₹620. The stock shows strong technical indicators with a breakout above the important resistance level of ₹550, which represents the 0.38% retracement of the overall fall from the ₹770 level. On the daily chart, the stock is forming a higher-top and higher-bottom pattern above short-term averages, with momentum indicators showing positive crossover and bullish momentum.
According to The Times of India, Biocon is recommended as a buy in the range of ₹414-415 with a stop loss at ₹396 and target of ₹440. The stock has broken out of a multi-month resistance area and is consolidating in a range for the last three weeks near the retest zone. On the daily chart, it shows multiple supports at the lower Bollinger Band and the 40 Daily Exponential Moving Average, with momentum indicators showing positive crossover indicating bullish strength.
As reported by The Times of India, BHEL is recommended as a buy in the range of ₹413-414 with a stop loss at ₹394 and target of ₹440. The stock has been moving within a narrow range for the past five weeks on the weekly chart and is finding strong support from the 20-day and 40-day moving averages. Recently, it broke above its previous range in an upward move, supported by good trading volumes, suggesting growing buying interest among investors.
