Buy LIC Housing Finance, Bank of Baroda, UPL

Aakash K Hindocha from Nuvama Professional Clients Group has recommended three stocks to buy today: LIC Housing Finance, Bank of Baroda, and UPL. He believes these stocks show strong potential due to recent positive trends. The Nifty index is showing signs of recovery, gaining close to 600 points since Monday’s opening. It has surpassed a key resistance level of 22,450 and reached an initial target of 22,800. The index is trading within a narrow range, indicating a possible breakout that could push it higher. Analysts now set a target of around 23,150 for the Nifty. The Bank Nifty index is also recovering after hitting a nine-month low last week. It has reached its immediate target of 49,000 and is expected to continue its upward movement. A support level has formed at 49,000, which traders can use to add more positions. For LIC Housing Finance, the recommended buy-in price is 549.80, with a target of 590. The stock has broken through a significant downward trend, suggesting potential for further gains. Bank of Baroda has a buy-in price of 213.76 and a target of 230, as it approaches a bullish pattern on the charts. Lastly, UPL has a buy-in price of 646.30, with a target of 686, following a strong breakout that indicates ongoing upward movement. Investors should always consult with a qualified advisor before making investment choices.