Top three stocks to buy today, June 12, as recommended by Ankush Bajaj

Copyright © HT Digital Streams Limit all rights reserved. Ankush Bajaj 6 min Read 12 Jun 2025, 05:45 AM ist Ankush Bajaj recommends three shares for June 12. Summary market expert Ankush Bajaj recommends these three shares to buy today. On Wednesday, June 11, the Nifty 50 closed on 25.141.40, with 37.15 points or 0.15%. The index trades within a narrow but increased Intraday series between 25.081.30 and 25.222.40, indicating a continued phase of consolidation near record heights. Remarkable is that a large doji cheeks are formed on the daily map, indicating the indecision and equilibrium between bulls and bears, despite positive price action. The Nifty’s ability to close far above the psychological level of 25,000 underlines its underlying power and keeps the bullish narrative intact. Top three shares recommended today by Ankush Bajaj Bharat Petroleum Corp. Ltd. (Current Price: £ 333.85) Why it is recommended: The stock recently gave a bullish pennant outbreak on the daily map, supported by a strong momentum. RSI stands at 67 and rises, which indicates improvement of momentum. The MACD is on the positive side, which strengthens the bullish sentiment. At lower timeframes, the stock gave a rectangular outbreak, which contributed the short-term bullish prospects. If the share continues above the breakaway zone, it will probably progress to £ 352 in the short term. Important Statistics: Resistance Level: £ 352 (short-term target), Support Level: £ 325 (Pattern-validity Level) Pattern: Bullish Pennant Breakout On the daily map, rectangular outline of the lower timeframes RSI: 67, rising, reinforcing momentum technical analysis: The break above the consolidation range is supported by MacD timeframe. The stock trades above its most important moving averages, which support the continuation of the trend. Risk factors: The stock has recently shown upward movement, making it susceptible to short-term volatility. A drop below £ 325 can take quick profit. Monitor volume and price carefully for follow through. Buy at: £ 333.85 Target price: £ 352 in 4-5 days Stop loss: £ 325 Also read: Affordable housing financiers get an RBI rate cut. But it may not like. Infosys Ltd (current price: £ 1.631) Why it is recommended: The stock shows a strong momentum with the daily RSI at 65 and rises, which is an indication of the strength of the construction. On the daily chart, Infy is ready to break out of a reverse head and shoulder pattern, a bullish turnaround. In addition, the stock on the lower timeframe formed a falling wedge break on the upside, further supporting the bullish view. If the outbreak sustains, the stock is likely to go to £ 1,670 – £ 1.680 in the short term. IMPORTANT STATISTICS: RESISTANCE: £ 1,670-£ 1.680 (short-term target range), Support Level: £ 1.610 (pattern-validity level) Pattern: Reverse head and shoulders (daily), falling wigbraak (lower timeframe) RSI: 65, rising, rising, positive prices. The falling wedge breakout at lower timeframes complements the larger pattern setup. The price trades above the most important moving averages, strengthening the trend strength. Risk factors: The share has gradually moved up the past sessions and could face a short -term profit discussion. A drop below £ 1,610 would invalidate the current pattern setup. Monitor carefully for follow -up to the outbreak. Buy at: £ 1,631 Target Price: £ 1,670 -£ 1,680 in 4-5 Days Stop Loss: £ 1.610 Also Read: While India wants to attract global EV makers, these five companies can win Big Tata Consultancy Services Ltd. On the daily chart, TCS is ready to break out of a reverse head and shoulder pattern, a bullish turnaround. In addition, the stock on the lower timeframe formed a falling wedge break on the upside, further supporting the bullish view. If the exposition continues, the stock is likely to go to £ 3,512 – £ 3,520 in the short term. IMPORTANT STATISTICS: RESISTANCE: £ 3.512-£ 3,520 (short-term target series) Support Level: £ 3,448 (pattern-validity level) Pattern: Inverse Head and Shoulder Breakout (Daily), Falling Wedge Breakout (Lower Time Frame) RSI: 60+, Indicative, Indicory, the outbreak, The improvement of RSI and positive price action. The falling wedge breakout at lower timeframes complements the larger pattern setup. The price trades above the most important moving averages, strengthening the trend strength risk factors: the share has gradually moved up in recent sessions and may face short-term profit discussion. A drop below £ 3,448 would invalidate the current pattern setup. Monitor carefully for follow -up to the outbreak. Buy at: £ 3,471.90 Target price: £ 3,512 – £ 3,520 in 2-4 days Stop loss: £ 3.448 How the market performed on June 10, the Nifty 50 only closed 37.15 points higher, by 0.15%, at 25,141.40. The BSE Sensex also achieved modest profits, rising 123.42 points or 0.15%, to finish at 82,515.14. On the other hand, the Nifty Bank came under pressure, by 169.35 points or 0.30%dropped to settle at 56,459.75. Sector -wise, Pharma led the winers with a 0.50%increase, followed by energy by 0.30%higher, and the healthcare index that added 0.25%. On the losing side, the PSU banking sector dropped most by 0.88%, while the FMCG index fell by 0.67%, and the bank index fell 0.30%. Also read: Behind the recent boom of Icici Lombard: What the headlines will not tell you in stock -specific actions, HCL Tech led the Gainers with a strong rally of 3.23%, followed by Infosys, with 2.20%and Tech Mahindra, with 1.65%. Among the top losers, Shriram Finance, which dropped 2.05%, was 1.86%power network, and Adani Enterprises, fell by 1.22%. Nifty technical analysis daily and hourly look at the full image The Nifty 50 closed just 37.15 points higher at 25,141.40. Technically, the Nifty still trades above all the major moving averages. The 20-day simple moving average (SMA) is now at 24.856, while the 40-day exponential movement average (EMA) was placed on 24.480. On the intraday time frames, the index remains comfortable positioned, with the 20-hour SMA on 25.132 and the 40-hour EMA at 24.011. Look at the full sculpture indicators indicates a moderate bullish undertone. Most importantly, the falling wedge breakdown previously identified on the 45-minute chart successfully played, with the immediate target of about 25,200. The index is now awaiting fresh clues for the next leg higher. Momentum indicators indicate a moderate bullish undertone. The daily RSI recorded slightly to 62, reflecting sustained power, while the hourly RSI was alleviated to 57, indicating a short -term short -term consolidation. The MACD indicators remain positive, with the Daily MACD at 202 and the hourly MACD at 64, with an ongoing bullish momentum with no signs of exhaustion. However, the derivative data paints a more cautious picture. Total Call Open Interest (OI) now stands at 176.1 million, compared to 153.2 million wells, leading to a clumsy difference of -22.9 million. The trend remains negative to the OI front, as the 679,800 call exceeds the call of 491.200, resulting in a net -coached differential of -188.600. The highest call that OI continues at the 26,000 strike, with significant additions to the strike of 25.250. On the side of the side, the maximum OI is still concentrated on the 25,000 strike, while the highest addition is now seen at 25,200 – indicating that bulls are trying to build new support closer to current market levels. The overall relationship relationship remains dampened, reflecting a cautious bias among traders. The volatility remained in check, with the India VIX falling by another 2.48% to close at 13.66, the lowest lecture in the recent sessions. This sharp drop in volatility indicates growing investor confidence and reduced fear, often a precursor to stronger directional movements when it is accompanied by a positive price action. In summary, the Nifty’s Steady Close indicates above the 25,100 point, along with the improvement of technical and global clues, constantly resilience. However, the large doji cheeks and a clumsy bias in derivative data require a cautious approach in the immediate term. A definite exposition of more than 25,250 can pave the way to the 25,300–25.400 zone, while immediate support is seen at 25,000, followed by a broader base between 24,800 and 24.600. Traders should remain smooth and monitor global signals and institutional flow for fresh direction triggers. Ankush Bajaj is a Sebi-registered research analyst. His registration number is INH000010441. Investments in securities are subject to market risks. Read all the related documents carefully before investing. Registration granted by SEBI and NISM certification in no way guarantees the performance of the intermediary or gives any returns to investors. Disclaimer: The views and recommendations given in this article are those of individual analysts. This does not represent the views of coin. We advise investors to check with certified experts before making investment decisions. Catch all the business news, market news, news reports and latest news updates on Live Mint. Download the Mint News app to get daily market updates. More topics #nifty 50 #rsi #stocks to #stock recommendations #stock recommendations #markets Premium #Stock Markets For Sale Read Next Story