Godrej Properties, Bajaj Auto and Tata Power recommended for purchase
Mehul Kothari of Anand Rathi Shares has identified three stocks for potential buying on November 4, 2026.
Mehul Kothari, the DVP of Technical Research at Anand Rathi Shares, has recommended Godrej Properties, Bajaj Auto, and Tata Power as top stocks to buy on November 4, 2026, according to a report by The Times of India.
For Godrej Properties, Kothari suggests a buy in the Rs 1,670–1,650 zone. He set a target of Rs 1,750 and a stop-loss at Rs 1,600, noting the stock is showing signs of a bullish reversal and improved momentum.
Regarding Bajaj Auto, the recommendation is to buy with a target of Rs 11,000 and a stop-loss at Rs 10,250. Kothari noted the stock has formed a strong base around its 10 and 20 DEMA, indicating buying interest.
For Tata Power, Kothari advised buying between Rs 358-348. The target for the stock is Rs 388, with a stop-loss at Rs 334, citing a potential bullish reversal and a three-point bullish divergence on the daily chart.
The technical setup for Tata Power suggests that buying interest is gaining traction, with the hourly RSI moving above the 70-mark, signalling a pickup in short-term bullish momentum.