Stock Market Recommendations for July 23, 2025

According to Mehul Kothari, DVP - Technical Research, Anand Rathi Shares and Stock Brokers, here are the top stocks to consider adding to your portfolio today:

RHI Magnesita India – A Strong Breakout Candidate

Buy near: ₹510 | SL: ₹470 | Target: ₹600

RHI Magnesita India has shown a significant breakout on the daily chart, surpassing the 200-day EMA and SMA with strong volume support. This indicates a potential trend reversal and suggests a promising upside over the next 3–6 months.

Exide Industries – Breaking the Long-Term Trendline

Buy near: ₹386–₹394 | SL: ₹370 | Target: ₹430

Exide Industries has broken out from a long-term falling trendline, supported by increasing volumes and a strengthening RSI nearing the 60 level. This breakout could mark the beginning of a bullish phase, offering a medium-term investment opportunity.

Swiggy – Riding the Sector's Positive Momentum

Buy near: ₹407 | SL: ₹380 | Target: ₹460

Following positive sector commentary, Swiggy has demonstrated a decisive breakout with volume backing. The stock is poised for a potential rally towards its 52-week high, with further upside targets in sight.

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.