Stock Market Recommendations for July 30, 2025

According to Mehul Kothari, DVP - Technical Research at Anand Rathi Shares and Stock Brokers, today's top stock picks include Mazagon Dock, Vascon Engineers, and Thermax. Here's why these stocks stand out:

Mazagon Dock (MAZDOCK) – A Prime Mean Reversion Opportunity

Buy near: ₹2,700 | SL: ₹2,200 | Target: ₹3,700

After a recent peak at ₹3,700, Mazagon Dock is now testing its 200 DEMA, a historical reversal zone since 2022. This presents a fresh buying opportunity with a bullish long-term structure.

Vascon Engineers – Inverse H&S + Demand Zone Support

Buy near: ₹52 | SL: ₹45 | Target: ₹65

Vascon Engineers remains in a strong uptrend, retracing to its 200 DEMA, aligning with a potential inverse Head & Shoulders on the weekly chart, suggesting a renewed buying opportunity.

Thermax – Breakout Retest & Accumulation Phase

Buy near: ₹3,775–₹3,725 | SL: ₹3,500 | Target: ₹4,250

Thermax shows signs of bottoming out after a correction, with a breakout in mid-July followed by healthy accumulation. The current dip appears as a classic breakout retest, indicating a resumption of the uptrend.

Disclaimer: The opinions and recommendations are those of the brokerage and not of The Times of India. Consult a qualified advisor before making investment decisions.