Top stocks to buy today: Stock recommendations for July 31, 2025 - check list

Top stock market recommendations: Nuvama Professional Clients Group's Aakash K Hindocha recommends buying Jindal Steel, Ajanta Pharma, and Godrej Agrovet. Hindocha anticipates range-bound trading for Nifty between 24600 and 25010, advising caution below 24600. Bank Nifty's positive trend targets 56800/57100, contingent on holding above 55800.
Top stocks to buy today: Stock recommendations for July 31, 2025 - check list
Top stocks to buy today (AI image)
Top stock market recommendations: According to Aakash K Hindocha, Deputy Vice President - WM Research, Nuvama Professional Clients Group, Jindal Steel, Ajanta Pharma, and Godrej Agrovet are the top buy calls for today. Here’s his view on Nifty, Bank Nifty and the top stock picks for July 31, 2025:Index View: NiftyNifty closed at 4 day high, recovering its losses seen at the start of this week as the initial pattern target of bearish head and shoulder breakdown was seen completing at 24600. A short covering move was seen ahead of monthly expiry due today. Nifty is yet not out of the woods and currently stands at the retest of head and shoulder breakdown. Only a close above 25010 negates any potential down move while another 400 pt downside can commence if Nifty closes below 24600. Hence, for the balance of this week, we are estimating for a rangebound trade between 24600 – 25010.Bank NiftyBank Nifty has been nearing its 5 month rising trendline support at 55800 odd as the index continues to outperform Nifty since the start of this calendar year. On hourly charts as well, the index gave a break below its rising channel in the start of this week but pulled back in reinstating its underlying strong amongst insides. Trend on Bank Nifty remains positive for a move towards 56800 / 57100 unless a close below support of 55800 is not confirmed on daily charts.JINDALSTEL (BUY):LCP: 982.85Stop Loss: 950Target: 1080Countering the broader market trend, stock was up over 4% in last week’s trading as it broke out from its 1 year trendline. Currently the price is retesting its 1 year trendline breakout for an up move towards previous all time highsAJANTPHARM (BUY):LCP: 2800Stop Loss: 2720Target: 3080Stock has broken out from a 10 month falling trendline on daily charts along with this it indicates a breakout from a 6 month consolidation / base formation on weekly charts for atleast a 8-10% upside from CMP.
Adding to this, stock has also given a crossover above its 200 DMA in mid-June and has been holding above the same which is a positive sign.GODREJAGRO (BUY):LCP: 838.85Stop Loss: 810Target: 925Breaking out from its 1 year consolidation, stock has also given a bullish cup and handle pattern breakout on daily and weekly charts. A retest of the breakout has also played out at the start of this week as broader markets cooled off. Stock is now open to hit at least 10% as its initial target on the upside.(Disclaimer: Recommendations and views on the stock market and other asset classes given by experts are their own. These opinions do not represent the views of The Times of India)

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