New Delhi, May 5 -- On 2 May, the Indian equity markets opened on a slightly gap-up note, but soon slipped into negative territory, witnessing a sharp V-shape fall in the 1st half of the session. However, the indices bounced back in the latter half, supported by select heavyweight buying, and managed to close the day with slight gains.
Top three stocks to buy today, recommended by Ankush Bajaj
ADANI PORTS (current price: Rs.1,267)
Why it's recommended: The stock has given a good breakout and was able to close above the important level of Rs.1,260. Also, on the hourly chart, the stock has given a bullish pennant breakout with RSI showing bullish momentum.
Key metrics: Breakout level: Rs.1,260 | Pattern: Bullish pennant breakout (hourly...
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