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Times of India·3 min read·medium

Top stocks to buy : Stock market recommendations for today - check list

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Top stocks to buy : Stock market recommendations for today - check list
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Financial analyst Somil Mehta from Mirae Asset ShareKhan has issued buy recommendations for Honasa Consumer, Gland Pharma, and Bata India. The report highlights technical indicators like moving averages and momentum trends to justify the bullish outlook for these stocks.

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Provides actionable investment advice for retail traders based on technical chart analysis.

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Stock market recommendations: Honasa Consumer, Gland Pharma, Bata India, and Siemens - these are the top stocks to buy picked by Somil Mehta, Head of Retail Research, Mirae Asset ShareKhan for August 4, 2026:Buy Honasa Consumer at CMP; Stop Loss: 437 on a closing basis; Target: Rs 485 - 500Honasa Consumer Ltd. remains in a strong uptrend, as reflected by its well-defined higher top-higher bottom structure on the daily chart. The stock has traded consistently above its 40-day EMA since April 2026, highlighting sustained bullish control and strong trend persistence. The recent corrective phase appears to be nearing completion, with the stock finding support near the 40-day EMA and rebounding from the lower Bollinger Band. Adding to the constructive setup, the daily momentum indicator has started turning higher from near the zero line, suggesting improving short-term momentum.

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