Brokerage firms and market analysts have unveiled their top stock recommendations for the upcoming trading session, highlighting opportunities across key sectors including e-commerce, telecom infrastructure, non-banking financial companies (NBFCs), defence electronics and real estate.
For Wednesday’s session, analysts have identified Meesho, HFCL, Manappuram Finance, Data Patterns (India), and Sri Lotus Developers and Realty as high-conviction picks based on technical strength and positive price momentum. Each recommendation comes with defined target prices and stop-loss levels to help investors manage risk.
Meesho: Positive Momentum in E-commerce
Amit Goel, CMT, SEBI-registered Research Analyst, Partner and Co-founder of BlueOak Wealth, has turned bullish on the e-commerce sector and recommended Meesho as a buy.
According to Goel, traders can consider buying the stock with an upside target of Rs 212, while maintaining a stop loss at Rs 181 to limit downside risk.
HFCL: Buy Call on Telecom Infrastructure Stock
Goel has also identified HFCL as an attractive opportunity in the telecom infrastructure segment.
He expects the stock to move higher and has recommended a buy with a target price of Rs 240. Investors are advised to keep a stop loss at Rs 203 to safeguard their positions against market volatility.
Manappuram Finance: Technical Strength in NBFC Space
Market expert Sachin Janardan Sarvade sees strong technical indicators supporting Manappuram Finance.
He has recommended buying the NBFC stock with an upside target of Rs 425, while suggesting a stop loss at Rs 318 as a risk management measure.
Data Patterns (India): Defence Stock Remains in Focus
Amit Goel also remains optimistic about the defence and aerospace electronics sector, recommending Data Patterns (India) as a buy.
He has set an upside target of Rs 4,955 and advised traders to maintain a strict stop loss at Rs 3,801 while holding the position.
Sri Lotus Developers and Realty: Bullish Outlook on Real Estate
In the real estate segment, Goel has identified Sri Lotus Developers and Realty as another strong technical candidate.
He recommends buying the stock with a target price of Rs 166, while advising investors to place a stop loss at Rs 137 to manage potential downside risk.
Analysts’ Outlook
The recommended stocks span multiple sectors that continue to attract investor interest, reflecting opportunities in consumption, telecom infrastructure, financial services, defence manufacturing and real estate. Analysts emphasize that traders should adhere to the suggested stop-loss levels and practice disciplined risk management, particularly amid evolving market conditions.