Stock Market Highlights: August 19, 2025
According to Somil Mehta, Head - Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan, JSW Steel and Titan are the top stocks to consider for your portfolio today.
JSW Steel: A Strong Buy
Buy in the range between Rs 1075 & Rs 1085; Stop Loss: Rs 1038; Target: Rs 1170
JSW Steel has shown a promising breakout from a small consolidation phase, signaling a potential uptrend. With momentum indicators crossing positively above the zero line and the stock closing above the 20 daily moving average, the outlook is bullish. Key resistance levels are noted at Rs 1100 and Rs 1170, with support at Rs 1050 and Rs 1038.
Titan: Breaking Out Bullishly
Buy in the range between Rs 3550 & Rs 3560; Stop Loss: Rs 3411; Target: Rs 3850
Titan has emerged from a bullish triangle pattern, indicating a continuation of its uptrend. After a month of consolidation and finding support at the 200 daily moving average, the stock's momentum indicators suggest a positive crossover. The previous swing high of Rs 3850 is a key target, with resistance at Rs 3720 and support at Rs 3470 and Rs 3411.
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.
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