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Top Stocks to Buy Today: Stock Recommendations for July 3, 2026 – Checklist & more related News Here

Top Stocks to Buy Today: Stock Recommendations for July 3, 2026 – Checklist
Top Stocks to Buy (AI Image)

stock market recommendations: : ITCAnd Ramco Industries – These are the top stocks to buy recommended by Bajaj Broking Research for July 3, 2026. Let’s take a look:ITCBuy in the range of ₹286-292

Target return time limit
₹ 330 14% 6 months

The ITC stock price has gone through a corrective phase over the last 21 months and is currently consolidating near a key support zone. This technical setup provides a favorable risk-reward profile, setting the stock up for a pullback in the coming months.The current corrective phase appears to be reaching its final stages, as the stock is close to parity with its previous major decline in both price and timing. Between July 2017 and March 2020, the stock fell 214 points, from 338 to 124. The ongoing correction has displayed comparable magnitude, with the stock falling from 485 to 275, a decline of 210 points. Even from a time perspective, the current correction closely mirrors the previous phase, which has already extended for almost 21 months. This alignment in both price and duration suggests that the current corrective phase may be nearing an end.Monthly Stochastic has also bounced back from the oversold zone and generated buy signals supporting the positive bias. We expect the stock to move towards the 330 level at the confluence of the 23.6% retracement of the February 2026 high and the entire decline from 485 to 275.Ramco IndustriesBuy in the range of Rs 334.00-342.00

Target return time limit
₹ 388 15% 6 months

The stock recently generated a breakout above the bullish cup and handle formation of the last 4 months indicating a continuation of the bullish trend and providing a fresh entry opportunity for the next leg of the uptrend. The breakout is supported by strong volume indicating large participation highlighting strength in the breakout zone.A key technical observation on the daily chart is the recent formation of a golden crossover, with the 50-day exponential moving average (EMA) moving above the 200-day EMA. This crossover is widely considered as a strong bullish signal, indicating a change in trend from bearish to bullish territory.Going forward, we expect the stock to move towards the 388 level in the coming months, which reflects the implications of measuring the handles of the recent cup and handle breakout area and the previous all-time high is also placed around the 388 level.(Disclaimer: The recommendations and views given by experts and analysts on the stock market, or any other asset class or personal finance management are their own. These opinions do not represent the views of The Times of India.)

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