Buy & sell calls for today: Stock recommendations for February 13, 2025

Top stock market recommendations: According to Aakash K Hindocha, Deputy Vice President - WM Research, Nuvama Professional Clients Group, Bajaj Finserv, Bharti Airtel and M&M are the top buy and sell stock calls for today. Here’s his view on Nifty, Bank Nifty and the top stock picks for February 13, 2025.

Index View: Nifty

Nifty has once again taken support from its previous month’s support range of 22650 – 22800 where the index meets its 5 year trendline providing the needed support. After ending for 6 consecutive days in red, the index has now closed above its previous day’s low indicating that this leg's selling pressure might ease for the short term. This ongoing bounce can take the index for a ride to 23300 odd with support seen at 22870 and any dips below 22980 can be looked to add on to long positions.

Bank Nifty

Bank Nifty has been facing profit taking after completing its initial target of 50500 earlier this month. Index has ended in green post it’s 3 day selling streak. A range of 48800 – 49800 now stands developed on the index for this week. While any breakout and closing on either side of this range can allow a further 1000 pt move in similar direction.

BAJAJFINSV (BUY):

LCP: 1788.70SL: 1720TGT: 1892

Unusual buying interest is seen in Bajaj Finserv from the start of this CY wherein the stock is up 14% so far in a matter of 6 weeks compared to a 2-3% downtick on Nifty and Bank Nifty. Stock has given a bullish flag breakout on daily charts. This can allow the ongoing inflow momentum to continue for another 5-7% upside.

BHARTIARTL (BUY):

LCP: 1711.55SL: 1635TGT: 1835

Bharti Airtel stock has closed at a 3.5 month high showing initial signs of ending its sideways consolidation northwards. A follow up move higher can be seen as the stock has been making higher low formation repeatedly, fresh short covering to commence on sustaining above 1688.

M&M (SELL):

LCP: 2987.20
SL: 3076
TGT: 2851

A triple-top formation is visible in M&M, with the stock repeatedly reversing from the supply zone of 3,220 to 3,270 (its 52-week high), failing to provide a decisive close above this level since September 2024. The pattern opens up a potential downside of nearly 5% for the stock where it meets its 200 DMA.

Disclaimer: The opinions, analyses and recommendations expressed herein are those of brokerage and do not reflect the views of The Times of India. Always consult with a qualified investment advisor or financial planner before making any investment decisions.