Happiest Mind, Biocon, Apollo Micro among top stock to buy for short-term gains: Check price targets

Amid the rising volatility in the broader equity markets, domestic brokerage firms including SMC Global Securities, Bajaj Broking, SMIFS and Canara Bank Securities has suggested select stocks including CRISIL, Biocon, Asahi India Glass Ltd, Apollo Micro Systems and Happiest Mind Technologies Ltd on the basis of strong technical charts and parameters to trade for short-term gains. Here's what these brokerages firms have to say on these counters:

Asahi India Glass | Buy | Target Price: Rs 1,045-1,055 | Stop Loss: Rs 890
Asahi India is exhibiting a bullish ascending triangle formation on the daily chart, marked by a well-defined horizontal resistance near Rs 950 and a steadily rising trend line connecting higher lows. The recent breakout above Rs 950, accompanied by improving RSI and a positive MACD crossover, strengthens the bullish setup and indicates renewed buying momentum. Sustained trading above the breakout zone could drive the stock towards Rs 980–1,000, followed by Rs 1,020-1050. The rising trend line currently provides support around Rs 890–900 zone, while the Rs 920–930 zone acts as an intermediate cushion. Therefore, one can accumulate a stock in range of Rs 955-965 levels with the expected upside of Rs 1,045-1,055 levels with stop loss below Rs 890.
Recommended by: SMC Global Securities

Biocon | Buy | Target Price: Rs 472 | Stop Loss: Rs 384
Biocon Ltd has witnessed a strong breakout from its earlier consolidation zone and is now undergoing a healthy consolidation near the breakout or support area around the current levels. The stock appears to be absorbing supply after the breakout, with the broader structure remaining positive. The current consolidation at the support zone provides an opportunity to accumulate on dips, as long as the stock sustains above the key support level. A fresh move above the recent consolidation range could trigger the next leg of the uptrend. The structure remains positive with potential upside towards Rs 470, while the bullish setup stays intact as long as the stock holds above Rs 384 on a closing basis
Recommended by: SMIFS

Apollo Micro Systems | Buy | Target Price: Rs 430 | Stop Loss: Rs 370
Apollo Micro Systems Ltd is forming a higher base around the 50 days EMA and the 50 per cent retracement of the previous up move thus offers fresh entry opportunity with a favourable risk-reward opportunity. It has already taken 7 weeks to retrace just 50 per cent of its previous 7 weeks rally from Rs 283 to Rs 466. A shallow retracement in equal time highlights strength and a higher base formation. Going ahead, the stock is expected to move towards Rs 430, which coincides with the 61.8 per cent retracement level of the recent decline from Rs 466 to Rs 374. On the momentum front, the daily 14-period RSI has witnessed a bullish crossover, further strengthening the positive bias.
Recommended by: Bajaj Broking Research

Happiest Minds Technologies | Buy | Target Price: Rs 510-515 | Stop Loss: Rs 380
Happiest Minds is showing signs of a bullish structural shift on the daily chart, with the stock forming an ascending triangle after a prolonged phase of consolidation. The Rs 425–430 zone has acted as a strong supply area, while the rising trend line reflects improving buying interest and a consistent higher-low formation. The recent breakout above this resistance, along with the attempt to reclaim the 200-DMA adds credibility to the positive setup. If the stock sustains above Rs 430, the breakout could gather momentum and push the price higher. On the downside, the rising trend line offers immediate support around Rs 400–405 zone. One can accumulate a stock on dips in range of Rs 430-435 for the expected upside of Rs 510-515 levels with stop loss below Rs 380.
Recommended by: SMC Global Securities

CRISIL | Buy | Target Price: Rs 4,769-4,921 | Stop Loss: Rs 4,170
CRISIL 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. It is sustaining above the key Rs 4,561 breakout zone, and if this level holds on a closing basis, the next major resistance is likely around Rs 4,769, which also coincides with previous swing highs and psychological resistance. RSI is near the high zone around 57, reflecting strong momentum, although slightly overheated in the short term. Volume expansion during the breakout phase adds credibility to the move. On sustaining above Rs 4,769 can keep the momentum intact towards Rs 4,921 and potentially higher levels, while immediate support now shifts to Rs 4,409. We recommend to buy with short-term targets of Rs 4,769-4,921, and keep a stop-loss at Rs 4,170.
Recommended by: Canara Bank Securities