Top stocks to buy or sell today: Stock recommendations for March 5, 2026 – check list
Top stock market recommendations: Solar Industries India, and Coal India are the stocks that Aakash K Hindocha, Deputy Vice President – WM Research of Nuvama Professional Clients Group has recommended to buy today. UNO Minda is a sell call. The market expert shares his detailed analysis on stocks and views on Nifty and Bank Nifty.Index View: NIFTYNifty snipped below the 200 DMA in Friday’s trading session followed by a follow through on downside allowing a 1000 pt follow through just below the 200 DMA reading. Currently the index has given a head and shoulder pattern breakdown with a neckline seen at Budget Day’s low of 24550 odd.While the breakdown candle closed below the neckline, the structure would have been technically cleaner with a strong bearish candle. As long as the price remains below the neckline a follow through can open up for a 800 pt downside below the neckline level as an initial target. Failure of the pattern is seen above 25k. Momentum would escalate if Nifty closes below 24430 which is the 100 WMA on weekly charts.BANK NIFTYBank Nifty is likely to continue its outperformance against the Nifty, any reclamation of Monday’s low post a gap up down opening can allow support for buyers. On a log scale, Bank Nifty weekly chart currently sits at 6 year trendline support. 200 DMA support on Bank Nifty is seen at 57485.
Stock recommendations
UNO Minda (SELL):
- LCP: 1124
- Stop Loss: 1171
- Target: 1030
Uno Minda has given a bearish head and shoulder breakdown on daily charts. Stock has been under pressure after breach of 200 DMA last week. This is in sync with a bearish flag breakdown and headwinds for the sector. Momentum is likely to pick up below the 1103 mark on the stock.Solar Industries India (BUY):
- LCP: 14520
- Stop Loss: 13900
- Target: 15500
An inverted (bullish) cup and handle formation has broken out on the charts of SOLARIND and given the sectoral tailwind and emerging need of defence stock – the theme is here to stay. Stock has reclaimed its 25 week highs on charts and is likely to continue the ongoing momentum for another 7-8% upside.Coal India (BUY):
- LCP: 435
- Stop Loss: 416
- Target: 465
After a triangle breakout earlier this year, stock had shifted sideways for the past 8 weeks and that has been appearing to end on charts now. Given the higher low formation on daily and weekly charts, Coal India is set to cross its recent swing highs of 462 on charts. Support can currently be seen near to this week’s low.(Disclaimer: Recommendations and views on the stock market, other asset classes or personal finance management tips given by experts are their own. These opinions do not represent the views of The Times of India)
