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Hitesh Rathi, a Technical Analyst at Angel One, identifies DLF, PG Electroplast Ltd, and Sansera Engineering as top stocks to purchase on August 20, 2026.

DLF is recommended to be bought at Rs 680-675, with a stop loss at Rs 635 and a potential target of Rs 740. The stock has broken out of a consolidation phase, forming a multi-brick breakout on its Daily 1% Renko chart. This breakout parallels a Pole and flat pattern on candlestick charts and follows a 35% rally in the last four months, indicating a potential resumption of the prior uptrend. Bullish signals on Point and figure charts further confirm this strength.

PG Electroplast Ltd is advised to be purchased at Rs 603-600, with a stop loss at Rs 555 and a target range of Rs 700-720. The stock has undergone a consolidation breakout with a W-pattern on higher time frame 3% Daily Renko charts, signaling a trend reversal. A bullish one-back swing breakout on the same time frame chart supports the ongoing upward movement.

Additionally, the 20-brick EMA crossing above the 40-brick EMA on the stock's chart further strengthens the bullish outlook. The P&F chart also shows a bullish pole and subsequent Double Top Buy signal, indicating potential higher levels in upcoming sessions.

Sansera Engineering is suggested to be bought at Rs 3900-3890, with a stop loss at Rs 3670 and a target of Rs 4500-4600. The stock has been consistently scaling new highs, forming a higher high-higher low structure. On its 1%*3 Daily Point and Figure chart, Sansera Engineering has triggered a new Double top buy, hinting at the possibility of higher levels in the near future.

The stock's sustained price above the higher band of its D-Smart indicator suggests a strong underlying trend. A swing breakout on the 1% Daily chart further substantiates the resumption of the prior uptrend. The stock's demand near its 20 DEMA on a recent decline indicates strong support at nearby levels. Despite already being a standout performer in the current bull market, Sansera Engineering is expected to continue its upward trajectory in the coming weeks and months.