Best Stocks to Invest in Today: Expert Tips for June 27, 2025
Bajaj Broking Research suggests Tata Steel and Lloyds Engineering Works as top stock picks for today. Here’s a detailed look at Nifty, Bank Nifty, and the best stock picks for June 27, 2025:
Nifty Index Overview
The Nifty index has shown great strength lately. It has kept going up despite tough global situations and rising oil prices. This shows strong market confidence and good domestic basics.
Nifty has broken through a key range of 25,200-24,500. It closed above 25,500, the highest in eight months. This move shows a strong upward trend.
We expect Nifty to reach 25,700–25,900 soon. This is based on its recent performance and technical indicators. The immediate support is now at 24,800–25,000. This area is crucial for maintaining the upward trend.
Bank Nifty Overview
Bank Nifty has also shown a strong upward trend. It recently hit a new all-time high. This breakout shows a strong bullish trend, supported by its position above the 20-day EMA since April.
The index shows a classic upward trend with higher highs and higher lows. The rally is broad-based, with many banking stocks participating. This shows a strong and maturing trend.
Bank Nifty could reach 58,500 soon, based on its recent breakout and technical indicators. The key support is now at 55,000–55,500. This area is likely to be a strong buying zone.
Stock Recommendations
Tata Steel
Buy between Rs 157 and Rs 161
| Target | Stop Loss | Potential Return | Time Period |
|---|---|---|---|
| Rs 176 | 149.7 | 11% | 3 Months |
Tata Steel has broken above a falling channel. This signals a fresh entry opportunity and a likely upward move.
The stock is rebounding from a base around the 50-day EMA. This shows a positive bias. The daily RSI also shows a buy signal, supporting this positive view. We expect the stock to reach Rs 176 soon.
Lloyds Engineering Works
Buy between Rs 62.20 and Rs 64.50
| Target | Stop Loss | Potential Return | Time Period |
|---|---|---|---|
| Rs 72 | 58 | 14% | 3 Months |
Lloyds Engineering Works has broken above a bullish cup and handle formation. This breakout is supported by strong volume and a positive bias.
The stock is sustaining above short- and medium-term moving averages. The daily RSI also shows a buy signal. We expect the stock to reach Rs 72 soon.
Disclaimer: These opinions and recommendations are from the brokerage and not The Times of India. Always consult with a financial advisor before making investment decisions.
