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PI Ind, Hero Moto, Insecticides India: Analyst pick 3 stocks to buy today

Stocks to Buy Today: Kunal Kamble of Bonanza Portfolio sees upside potential in share prices of PI Industries, Hero MotoCorp, Insecticides India

BSE, NSE, STOCK MARKETS

Stocks to Buy Today: Hero MotoCorp share is showing early signs of a larger uptrend

Kunal Kamble Mumbai

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Stocks to Buy Now 

 
PI Industries share:
Buy above ₹3,780
Stop loss: ₹3,630
Share price target: ₹4,050
 
PI Industries share price has taken support at the 50-EMA on the monthly chart and rebounded above the 21-EMA and 9-EMA, indicating a strong positive trend. On the daily chart, PI Industries stock is moving within a rising parallel channel, with a recent shortfall near the lower band suggesting potential for an upward breakout. Increased volumes on buying days signal strong buyer interest. Additionally, the RSI is positioned in the higher zone, supporting bullish momentum. Overall, the technical setup indicates strength, with expectations of further upside
 
 
Insecticides India share:
Buy between ₹750-810
Stop loss: ₹650
Share price target: ₹1,100-1,300
 
On the weekly time frame, Insecticides share price has given a breakout above its 23-week resistance, indicating a bullish shift in trend. A decline in volume on sell days, coupled with a steady rise during buy days, suggests accumulation by market participants. The share price is trading above major EMAs, reinforcing the positive trend. The RSI is moving in the northern direction, supporting the ongoing price action. Additionally, the DI+ is above DI−, confirming the uptrend, while the ADX above DI− signals strength in the current move. Overall, the stock reflects a strong bullish structure with potential for further upside.
 
Hero MotoCorp share:
Buy between ₹4,200-4,350
Stop loss: ₹3,900
Share price target: ₹5,050-5,300
 
Hero MotoCorp share price appears to be riding the third sub-wave of its first impulsive wave, suggesting the early stages of a larger uptrend. The stock is trading above its major EMAs, which supports the bullish momentum. An increase in volume during recent sessions indicates growing buying interest. The Directional Indicator shows DI+ above DI−, confirming the uptrend, while the ADX trading above DI− signals strength in the current move. This confluence of wave structure, moving averages, volume, and directional indicators suggests a strong bullish setup with potential for continued upside in the near term.
   
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Disclaimer: This article is by Kunal Kamble, Senior Technical Research Analyst at Bonanza. Views expressed are his own

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First Published: May 28 2025 | 8:19 AM IST

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