MediumPositive
Announced Mon, 6 Jul · 09:07 IST

LKP Securities’ top 3 picks: High-conviction breakout stocks targeting strong gains

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

LKP Securities projects Nifty to target 24,800-24,850 on a sustained move above 24,400, with 24,000 as stop-loss. The brokerage is bullish on the Nifty IT index after a hammer pattern reversal, with potential to rally toward 30,000 if it decisively crosses 28,000. PSU banks and power equipment names like GE Vernova, Hitachi, and Siemens Energy are flagged as weak. Top stock picks for the week are AEGISVOPAK (buy at 257.45, target 273), LODHA (buy at 1,057, target 1,125), and AUROPHARMA (buy at 1,620, target 1,700).