Times of India·4 min read·medium

Stock recommendations: Which stocks should you buy or sell on October 9?

S
SMRITI JAIN
Stock recommendations: Which stocks should you buy or sell on October 9?
✦AI Summary

A technical analyst from Angel One provides stock recommendations for October 9, 2026, suggesting buys for Axis Bank and Authum Investment & Infrastructure Ltd. Conversely, the analyst issues a sell call for Dixon based on technical chart patterns.

Why it matters

Financial advice and stock market analysis directly influence retail investor behavior and market liquidity in the Indian equity sector.

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Stock market recommendations: Axis Bank, and Authum Investment & Infrastructure Ltd have been recommended as the top stocks to buy today on October 9, 2026 by Hitesh Rathi, Technical Analyst (Equity & Derivatives) at Angel One. Meanwhile, Dixon is a sell call according to him. Let’s take a look:Buy Axis Bank at Rs 1245-1240; Stop Loss: Rs 1158; Target: Rs 1350-1360Following a sharp 16% move in a month earlier this year, which resulted in the formation of an Anchor Column on the 1% Point & Figure charts, AXISBANK has remained in consolidation thereafter. Despite the consolidation and the recent selling pressure, the medium-term bullish view is intact, as buyers have successfully defended the lows of the Anchor Column around the 1180 mark.Alongside this, the formation of successive weak breakdowns points towards a possible exhaustion on the part of sellers.

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