Choice Equity Broking’s Diwali 2025 stock picks highlight top-performing stocks like Federal Bank, Cipla, BDL, Ashok Leyland, and SAIL, offering investors opportunities to buy on dips and position for the festive market rally.
2 Min Read
Federal Bank | Choice Equity Broking recommends buying Federal Bank at @ ₹213 & up to ₹207 for targets of ₹245/₹255. The stock is showing steady accumulation along its upward trendline, and a breakout above ₹220 could trigger a fresh rally. Dips near ₹207–₹205 offer ideal buying opportunities, said the brokerage firm.
Cipla | Choice Equity Broking recommends buying Cipla @ ₹1545 & up to ₹1500 with targets of ₹1770/₹1850. With an ascending triangle pattern and trading above key EMAs, the stock is well-positioned for an upside breakout, and dips near 1480 provide strategic entry points, according to the brokerage firm.
Bharat Dynamics Ltd | Choice Equity Broking advises buying BDL @ ₹1,485 & up to ₹1,440 for targets of ₹1,700/₹1,785. The stock’s formation of higher highs and higher lows indicates a sustained positive trend, making dips near ₹1,440 an attractive accumulation zone, said the brokerage firm.
Ashok Leyland | Choice Equity Broking recommends buying Ashok Leyland @ ₹135 & up to ₹131 for targets of ₹151/₹158. The stock exhibits a classic Rounding Bottom pattern, suggesting renewed bullish momentum. Dips towards ₹131 can be used to add to positions, as highlighted by the brokerage firm’s technical analysis.
Steel Authority of India (SAIL) | Choice Equity Broking suggests buying SAIL @ ₹129 & up to ₹125 with targets of ₹147/₹153. The Cup and Handle formation reflects strong accumulation and potential breakout, with dips near ₹125 offering a favorable risk–reward setup, according to the brokerage firm.
Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.