Top stocks to buy: Stock market recommendations for today - check list

Today's stock market recommendations include Mphasis, Supreme Industries, United Spirits, and Kfin Technologies. According to Somil Mehta, Head of Retail Research at Mirae Asset ShareKhan, Mphasis is recommended to be bought at the current closing price with a stop loss at Rs 2415, targeting a range of Rs 2610-2650. The stock recently broke out of a multi-month consolidation and is now consolidating just above its 200-day moving average.

If the stock breaks past its recent high of 2556, it could reach the 2610-2650 range in the coming days, provided it remains above the 2415 level of its 20-day moving average.

Supreme Industries is another stock recommended for purchase at its current closing price, with a stop loss at Rs 3470. The stock has broken out of an inverse head-and-shoulders pattern, signaling a positive shift in trend. It crossed above the 20-day moving average on Monday, and the daily momentum indicator turned bullish after a positive crossover on Friday. If the stock stays above the Rs 3470 stop loss, it could move towards the 3750-3825 zone in the coming sessions.

United Spirits is recommended to be bought above Rs 1548, with a stop loss at Rs 1500. The stock broke out of a medium-term resistance line towards the end of July 2026 and has been consolidating above the falling trendline since then. A close above Rs 1548 would signal the end of the consolidation and the beginning of the next leg of the up-move, potentially taking the stock towards the 1620-1650 range. The bullish outlook remains intact as long as the stock maintains a closing price above Rs 1500.

Finally, Kfin Technologies is recommended to be purchased at the current closing price, with a stop loss at Rs 938. The stock broke out of a small consolidation on Friday and closed above the 200-day simple moving average on Monday. It has also started forming higher tops and higher bottoms after a prolonged downtrend, indicating a possible shift in trend.

With a fresh bullish crossover on the daily momentum indicator on Monday, the long downtrend may be over, and the bulls are stepping back into the market. The stock should move towards the 1020-1060 range in the short term.