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 (January 7, 2026) are Varun Beverages Ltd, Havells, and IREDA. Let’s take a look:Varun Beverages Ltd – Trend Resumption After BreakoutBuy near: ₹490–₹485 | Stop Loss: ₹460 | Target: ₹550 | Time Frame: 30–60 DaysVBL has witnessed a decisive trendline and triangle breakout, indicating resumption of the primary uptrend. Momentum remains supportive, with RSI breaking out and hovering near 55, reflecting improving strength without overbought conditions. MACD bullish crossover further reinforces the positive bias. Additionally, the stock has closed above its quarterly VWAP, validating the breakout from a medium-term institutional perspective.Havells – Breakout with Improving Momentum StructureBuy near: ₹1455–₹1430 | Stop Loss: ₹1375 | Target: ₹1560 | Time Frame: 30–60 DaysHavells has shown a clear price trendline breakout along with an RSI range breakout, signalling strengthening technical structure. Momentum indicators are supportive, with RSI trending higher and MACD confirming a bullish crossover. The stock has also closed above its 10- and 20-DEMA and reclaimed the monthly VWAP, enhancing the credibility of the emerging uptrend and reflecting improved institutional participation.Indian Renewable Energy Development Agency – Reversal from Double Bottom FormationBuy near: ₹145–₹142 | Stop Loss: ₹135 | Target: ₹162 | Time Frame: 30–60 DaysIREDA is displaying encouraging signs of a trend reversal after forming a well-defined double bottom pattern. The setup is supported by bullish divergence, indicating improving momentum. The stock has closed above its 10-DEMA and prior swing high, strengthening the bullish case. Additionally, RSI trendline breakout and MACD bullish crossover further improve the probability of continuation toward higher levels.(Disclaimer: Recommendations and views on the stock market, other asset classes or personal finance management tips given by experts are their own. These opinions do not represent the views of The Times of India)