Best Stocks to Invest In: Expert Tips for July 10, 2025
Aakash K Hindocha, Deputy Vice President of WM Research at Nuvama Professional Clients Group, suggests buying Voltas, Samvardhana Motherson International Ltd, and JK Tyre & Industries Ltd today. Here’s his take on Nifty, Bank Nifty, and the best stock picks for July 10, 2025:
Nifty Overview
Nifty is trading in a tight range, less than half a percent. It’s mostly staying within its previous day’s range. This happens ahead of its weekly expiry today. The index has closed above its past resistance of 25470 for two days in a row. This shows that recent volatility is calming down.
An hourly chart of Nifty shows a bullish pole and flag pattern. The index is getting ready for its next move towards 26000+. Support is around 25250. Any dips near 25450-470 are likely to attract buyers.
Bank Nifty
Bank Nifty showed an inside bar on daily charts. This happened after it closed above its past three days’ high on Tuesday. The index is again pointing towards fresh all-time highs. Bank Nifty has been doing better than Nifty since the start of this year. The level of 56900 is now likely to act as a fresh trailing support zone on the index.
Best Stock Picks
Voltas (BUY)
- Last Closing Price (LCP): 1366.90
- Stop Loss: 1325
- Target: 1500
Voltas has hit its highest point for the current fiscal year. This is despite reports saying that A/C demand is not growing. The market still prices in limited downside from current levels on the stock. Technically, the stock has broken out from its three-month sideways consolidation. It is now set for an 8-10% rally.
Samvardhana Motherson International Ltd (MOTHERSON) (BUY)
- Last Closing Price (LCP): 154.92
- Stop Loss: 149
- Target: 168
MOTHERSON has shown a fresh crossover above its 200 DMA resistance on daily charts. The pattern suggests a bullish head and shoulder formation. A short-term pole and flag pattern breakout is already visible. Momentum is likely to pick up above 160 on the stock.
JK Tyre & Industries Ltd (JKTYRE) (BUY)
- Last Closing Price (LCP): 373.15
- Stop Loss: 356
- Target: 410
The six-week-long consolidation on JKTYRE charts is nearing an end. The stock has been on the verge of multiple breakouts. A bullish pole and flag pattern breakout is already confirmed on daily charts. A strong trendline breakout, in place for the past 18 months, is now being challenged due to the tailwind thrust by its ongoing breakout.
Charts are likely to open up for a larger target once the stock stays above 385. For now, we expect a 9-11% rally from the current market price.
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.
