Business

Exclusive Stock Picks for May 7, 2025: Jubilant Ingreva, Adani Total Gas, and Southern Petro Lead the Charge

Stock Market Recommendations for May 7, 2025

According to Mehul Kothari, DVP - Technical Research, Anand Rathi Shares and Stock Brokers, the following stocks are poised for significant growth:

JUBILANT INGREVA

BUY ABOVE ₹700 | Stop Loss: ₹640 | Target: ₹820

Jubilant Ingreva shows signs of a bullish reversal, with a breakout from an inverse head and shoulders pattern on the daily chart. The stock has reclaimed its 200 DEMA, signaling a medium-term trend shift. Momentum is confirmed by the RSI's upward range shift.

ADANI TOTAL GAS (ATGL)

BUY NEAR ₹630 | Stop Loss: ₹595 | Target: ₹710

ATGL's recent volume-backed breakout aligns with the Adani group's overall strength, indicating a major reversal. Bullish momentum oscillators support a positive outlook, with today's pullback offering an attractive entry point.

SOUTHERN PETRO

BUY ABOVE ₹81.50 | Stop Loss: ₹78.50 | Target: ₹88

Southern Petro is in a steady uptrend, consistently supported by its rising trendline. The stock's recent support at the 200 DEMA positions it to retest April's high, reflecting strong buying interest.

Top stocks to buy today: Stock recommendations for May 7, 2025

Disclaimer: The opinions, analyses and recommendations expressed herein are those of brokerage and do not reflect the views of The Times of India. Always consult with a qualified investment advisor or financial planner before making any investment decisions.