Waaree Energies, Indian Hotels, Marksans among top stocks to buy; check price targets & more
A host of brokerage firms have suggested select stocks to trade to make short-term gains, based on the solid technical parameters and sound charts.
- Oct 7, 2026,
- Updated Oct 7, 2026 10:38 AM IST
Amid the rising wild swings in the Indian equity markets, host of brokerage firms including Religare Broking, Systematix Institutional Equities and Canara Bank Securites have suggested select stocks to trade to make short-term gains, based on the solid technical parameters and sound charts. They have picked stocks from various sectors. Here's their top stocks picks, target prices, stop loss and more:
Marksans Pharma | Buy | Target Price: Rs 351-358 | Stop Loss: Rs 309 Marksans Pharma Ltd has given a breakout from a downward sloping channel, also it took a retest from the breakout levels indicating positive momentum. Price has moved above all major moving averages, indicating improving momentum and strengthening trend structure. RSI is near the moderate zone around 53, reflecting a strong momentum upward trend. Volume expansion during the breakout phase adds credibility to the move. We recommend to buy with short-term targets of Rs 351-358, and keep a stop loss at Rs 309.Recommended by: Canara Bank Securities
Waaree Energies | Buy | Target Price: Rs 2,472-2,570 | Stop Loss: Rs 2,300 Waaree Energies has formed a bullish candlestick pattern on the daily charts, indicating renewed buying interest at lower levels. It has confirmed a bullish reversal formation resembling a Homing Pigeon pattern, suggesting the possibility of a trend reversal from the current levels. The stock has given a bullish breakout from a Cup and Handle pattern. The breakout is accompanied by above-average volume, which adds strength and conviction to the positive price action. The emergence of a bullish setup after such a substantial correction indicates improving buying interest and creates the possibility of a technical rebound in the near term. One can consider entering Waaree Energies Ltd in the range of Rs 2,386–2,380, with a stop-loss at Rs 2,300. The stock holds potential to achieve targets of Rs 2,472 and Rs 2,570 in the near term.Recommended by: Systematix Institutional Equities
Prime Securities | Buy | Target Price: Rs 340-400 | Stop Loss: Rs 270 The chart of Prime Securities Ltd is showing a bullish breakout from a long term triangular pattern. The price has shown volatility and has taken a retest on the downward sloping line confirming the breakout. Price has again moved above all of the moving averages, indicating improving momentum and strengthening trend structure. RSI is near the bullish zone around 58, reflecting strong momentum with room before overbought territory, supporting further upside without signalling exhaustion. We recommend to buy with short-term targets of Rs 340.50-400.00, and keep a stop loss at Rs 271. Recommended by: Canara Bank Securities
Indian Hotels Company | Buy | Target Price: Rs 782 | Stop Loss: Rs 710 Indian Hotels Co Ltd maintains a positive bias and turns gradually bullish, supported by a sustained rebound from the 100-DEMA and a sequence of higher lows. The stock has reclaimed the 50- DEMA while sustaining above its short-term moving average, indicating improving momentum. A decisive breakout above the descending trendline further validates the bullish bias and suggests potential trend reversal. Traders may consider accumulating the stock within the recommended range with a target price of Rs 782 and a stop loss of Rs 710.Recommended by: Religare Broking
Amid the rising wild swings in the Indian equity markets, host of brokerage firms including Religare Broking, Systematix Institutional Equities and Canara Bank Securites have suggested select stocks to trade to make short-term gains, based on the solid technical parameters and sound charts. They have picked stocks from various sectors. Here's their top stocks picks, target prices, stop loss and more:
Marksans Pharma | Buy | Target Price: Rs 351-358 | Stop Loss: Rs 309 Marksans Pharma Ltd has given a breakout from a downward sloping channel, also it took a retest from the breakout levels indicating positive momentum. Price has moved above all major moving averages, indicating improving momentum and strengthening trend structure. RSI is near the moderate zone around 53, reflecting a strong momentum upward trend. Volume expansion during the breakout phase adds credibility to the move. We recommend to buy with short-term targets of Rs 351-358, and keep a stop loss at Rs 309.Recommended by: Canara Bank Securities
Waaree Energies | Buy | Target Price: Rs 2,472-2,570 | Stop Loss: Rs 2,300 Waaree Energies has formed a bullish candlestick pattern on the daily charts, indicating renewed buying interest at lower levels. It has confirmed a bullish reversal formation resembling a Homing Pigeon pattern, suggesting the possibility of a trend reversal from the current levels. The stock has given a bullish breakout from a Cup and Handle pattern. The breakout is accompanied by above-average volume, which adds strength and conviction to the positive price action. The emergence of a bullish setup after such a substantial correction indicates improving buying interest and creates the possibility of a technical rebound in the near term. One can consider entering Waaree Energies Ltd in the range of Rs 2,386–2,380, with a stop-loss at Rs 2,300. The stock holds potential to achieve targets of Rs 2,472 and Rs 2,570 in the near term.Recommended by: Systematix Institutional Equities
Prime Securities | Buy | Target Price: Rs 340-400 | Stop Loss: Rs 270 The chart of Prime Securities Ltd is showing a bullish breakout from a long term triangular pattern. The price has shown volatility and has taken a retest on the downward sloping line confirming the breakout. Price has again moved above all of the moving averages, indicating improving momentum and strengthening trend structure. RSI is near the bullish zone around 58, reflecting strong momentum with room before overbought territory, supporting further upside without signalling exhaustion. We recommend to buy with short-term targets of Rs 340.50-400.00, and keep a stop loss at Rs 271. Recommended by: Canara Bank Securities
Indian Hotels Company | Buy | Target Price: Rs 782 | Stop Loss: Rs 710 Indian Hotels Co Ltd maintains a positive bias and turns gradually bullish, supported by a sustained rebound from the 100-DEMA and a sequence of higher lows. The stock has reclaimed the 50- DEMA while sustaining above its short-term moving average, indicating improving momentum. A decisive breakout above the descending trendline further validates the bullish bias and suggests potential trend reversal. Traders may consider accumulating the stock within the recommended range with a target price of Rs 782 and a stop loss of Rs 710.Recommended by: Religare Broking