Top Stocks to Buy Today: Stock Recommendations for February 4, 2026 – Checklist & more related News Here

Top Stocks to Buy Today: Stock Recommendations for February 4, 2026 – Checklist

 & more related News Here

Top Stocks to Buy Today: Stock Recommendations for February 4, 2026 – Checklist
Top Stocks to Buy (AI Image)

stock market recommendations: : According to Mehul Kothari, DVP – Technical Research, Anand Rathi Shares and Stock Brokers Top Stocks to Buy Today (February 4, 2026) Indian Oil Corporation, tata alexiAnd IFCI. let’s take a look:IOC – Trendline Breakout with Indicator ConfirmationBuy: ₹165-₹163 | Stop Loss: ₹159 | Target: ₹172Indian Oil Corporation (IOC) has formed a strong base near its 100-DEMA, which has served as a reliable dynamic support in recent sessions. The stock has also given a decisive trendline breakout, indicating a possible change in short-term momentum.On the indicator front, a bullish MACD crossover is visible, indicating strengthening upside. The Stochastic Oscillator has reversed higher near the 30 zone without entering oversold territory, suggesting an improvement in price strength and underlying buying interest.The confluence of 100-DEMA support, trendline breakout, MACD bullish crossover and Stochastic reversal point to a constructive setup, with room for further upside if the breakout sustains.TATA ELXSI – Alligator Breakout with Bullish MomentumBuy: ₹5,500-₹5,400 | Stop Loss: ₹4,900 (Closing Basis) Target: ₹6,275 and ₹6,550 (1-3 months)TATA ELXSI has closed decisively above the Williams Alligator indicator, confirming a fresh uptrend and improvement in the overall price structure.Momentum indicators remain supportive, with the DMI in bullish mode (+DI above -DI), indicating strengthening buying pressure and positive directional movement. Additionally, MACD remaining above the zero line indicates strong trend momentum and increases the likelihood of continued bullishness.This combination of the Alligator breakout, bullish DMI structure and positive MACD trend suggests a trend-continuation setup with scope for further upside in the coming weeks.IFCI – Alligator Breakout and Retest ConfirmationBuy: ₹56-₹50 | Stop Loss: ₹46 (Closing Basis) Target: ₹63.5 and ₹67 (1-3 months)IFCI closed decisively above the Williams Alligator indicator and successfully completed a retest of the breakout zone, confirming the continuation of the emerging uptrend and strengthening of the bullish structure.The DMI has turned positive (+DI above −DI), indicating that buyers are in control and the directional momentum is favoring the bulls. MACD staying above the zero line supports positive trend momentum and increases the chances of further upside.Price breakout, retest confirmation and alignment of bullish indicators suggest a constructive medium-term setup with favorable risk-reward.(Disclaimer: The recommendations and views given by experts on the stock market, other asset classes or personal finance management are their own. These opinions do not represent the views of The Times of India)

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