According to Mehul Kothari, the Deputy Vice President of Technical Research at Anand Rathi Shares and Stock Brokers, investors should consider buying CG Power, Marico, and Britannia stocks today. Each of these stocks presents promising technical indicators, suggesting potential upward movements in the coming weeks. Kothari has provided specific buying ranges, stop-loss levels, and target prices for each stock, indicating a favorable moment for investors aiming to enhance their portfolios.
CG Power: Signs of a Trend Reversal
CG Power has shown indications of a potential trend reversal following a significant price correction. The stock formed a bullish engulfing pattern on December 9, 2025, supported by robust trading volumes, bolstering the credibility of this upward movement. Currently, CG Power is trading close to an important rising trendline support, further strengthening its overall market structure.
Momentum indicators for CG Power are also turning positive. The MACD histogram shows bullish divergence, while there has been a bullish crossover between the MACD and the signal line. This combination suggests that the stock may see upward movement if it maintains support above ₹634. Investors are advised to buy CG Power in the range of ₹670 to ₹660, with a stop-loss at ₹634 and a target price of ₹730 over a 30 to 60-day timeframe.
Marico: Breakout Above Consolidation
Marico has built a strong support base near the flat Ichimoku cloud over recent trading sessions, indicating a solid foundation for the stock. In the latest trading session, Marico broke out above its consolidation range that lasted for four days, signaling a possible continuation of its upward trend.
During this consolidation phase, the Relative Strength Index (RSI) has remained above 50, indicating underlying strength and a positive momentum bias. As long as Marico stays above ₹730, the technical structure appears favorable for a move towards the target price of ₹775. Investors should consider buying Marico in the range of ₹740 to ₹730, with a stop-loss at ₹715.
Britannia: Resuming an Upward Trend
Britannia has shown strong consolidation within the price range of ₹5750 to ₹6000, coinciding with the 20, 50, and 100-day exponential moving averages (DEMA). This consolidation indicates a well-defined support base for the stock. Recently, Britannia broke above the Ichimoku cloud, suggesting a positive shift in its trend.
The RSI has consistently stayed above the 50 level during this consolidation, highlighting sustained bullish momentum. This combination of technical signals points to an improving price structure for Britannia. Investors are encouraged to consider buying the stock in the range of ₹6050 to ₹6000, with a stop-loss set at ₹5800 and a target price of ₹6400 over a 60 to 90-day timeframe.
Disclaimer: Digihunt is not a financial advisor and this is not investment advice.