Top stocks to buy (AI image)

Stock market recommendations: According to Mehul Kothari, DVP – Technical Research, Anand Rathi Shares and Stock Brokers, the top stocks to buy today are Schaeffler India, Southern Petrochemical Industries Corp (SPIC), and Datamatics:Schaeffler India – Range Breakout + Momentum ConfirmationBuy near: ₹4,360–4,330 | SL: ₹4,010 | Target: ₹5,015Schaeffler is on the verge of breaking out above the ₹4,380 zone after consolidating for nearly a year, supported by strong volumes. The structure resembles a bullish Cup and Handle pattern on long-term charts, indicating trend continuation potential. The daily ADX (14) has crossed above 25, confirming trend strength, while the weekly RSI has moved past 60 — reflecting improving momentum and scope for further upside.SPIC – Trend Reversal with Pullback SetupBuy near: ₹95–92 | SL: ₹86.8 | Target: ₹106.9After a prolonged correction from ₹125 to below ₹100, Southern Petrochemical Industries Corp shows signs of trend reversal. The daily RSI has rebounded from the oversold 30 zone, suggesting recovery, while a bullish reversal candlestick pattern has formed on the daily scale — hinting at a momentum shift. The setup offers an attractive risk-reward for near-term upside.Datamatics – Double Bottom Reversal + Ichimoku SupportBuy near: ₹870–855 | SL: ₹820 | Target: ₹947.50Datamatics corrected from ₹1,100 to below ₹900, creating an oversold setup on lower timeframes. The stock is forming a Double Bottom around ₹830, indicating a potential bounce. This reversal zone coincides with the flat Ichimoku cloud, lending further support to the bullish bias. Sustained momentum could drive a move towards ₹947.50 in the medium term.(Disclaimer: Recommendations and views on the stock market and other asset classes given by experts are their own. These opinions do not represent the views of The Times of India)