Top stocks to buy today: Stock recommendations for February 20, 2026 - check list
Times of India
by TOI BUSINESS DESKFebruary 20, 2026
AI-Generated Deep Dive Summary
The article highlights top stock recommendations for February 20, 2026, from Bajaj Broking Research, focusing on IndusInd Bank and UPL as the best options to buy with a 3-month investment horizon. These picks are supported by technical analysis and market insights, offering readers a strategic guide to potentially lucrative investments in India's stock market.
IndusInd Bank is recommended for purchase between ₹920-₹930, with a target price of ₹1060 and a stop-loss at ₹880. The stock has shown steady recovery after a prolonged downtrend, holding above the 21-week EMA and forming a rounding base. This indicates improving momentum and potential for growth. UPL, on the other hand, is suggested with a buying range of ₹750-₹765, targeting ₹830, with a stop-loss at ₹728. The stock has demonstrated strong bullish momentum, breaking out of its pattern with higher highs and higher lows, supported by rising trading volumes.
These recommendations are particularly significant for global investors seeking opportunities in emerging markets like India. The article also provides context on the broader market trends, noting that Nifty and Bank Nifty have shown signs of weakness. Nifty has slipped below key support levels, indicating a cautious short-term outlook, while Bank Nifty faces resistance near its 21-day EMA.
The analysis emphasizes the importance of technical indicators in stock selection. For IndusInd Bank, the rising 21-week EMA acts as immediate support, with resistance at ₹950-₹980 and a long-term target at ₹1060. UPL's breakout above its 21-week EMA signals short-term positive bias, with key resistance at its previous all-time high of ₹830. Both stocks offer favorable risk-reward ratios for investors looking to capitalize on emerging market trends.
Overall, the article serves as a valuable resource for investors seeking actionable insights into India's stock market. By focusing on technical analysis and market trends, it provides a comprehensive view of potential investment opportunities while highlighting risks to manage downside exposure effectively.
Verticals
worldasia
Originally published on Times of India on 2/20/2026