Tata Motors, SRF, and Bajaj Finance: Top Stocks to Buy Today

Mumbai, India – May 8, 2025 – Investors looking for promising stocks to add to their portfolios can consider Tata Motors, SRF, and Bajaj Finance, according to the latest market analysis from Ruchit Jain, head of equity technical research at Motilal Oswal Financial Services Ltd. The report highlights the potential of these companies based on recent stock movements and technical indicators.

Tata Motors: A Fresh Buying Interest

Tata Motors (CMP ₹ 682) has shown signs of a significant breakout from its recent consolidation phase. After a prolonged period of underperformance, the stock’s recent increases in price and volume suggest a renewed interest from buyers. Analysts believe that this uptick indicates the potential for the stock to rally in the near term. Investors are advised to set a stop-loss at ₹ 661 and target a price of ₹ 713. ## SRF: Approaching a Breakout

SRF (CMP ₹ 3,050) is reportedly on the verge of a consolidation breakout. With strong trading volumes backing its recent price increases, the stock has demonstrated resilience, particularly as it has found support at the 50-Day Exponential Moving Average (DEMA) during recent declines. This trend highlights healthy buying interest, suggesting that SRF could be poised for growth. Investors looking at SRF can consider a stop-loss at ₹ 2,950 and aim for a target of ₹ 3,250. ## Bajaj Finance: A Strong Uptrend Continues

Bajaj Finance (CMP ₹ 8,986) is currently exhibiting a ‘higher top, higher bottom’ pattern, placing it firmly in an uptrend. Although the stock recently experienced a pullback, it established a ‘Bullish Engulfing’ pattern near its 50-Dema support, signaling that the uptrend is set to resume. Investors are recommended to set a stop-loss at ₹ 8,710 and target a price of ₹ 9,400. ## Market Conditions and Broader Outlook

The insights provided by Ruchit Jain are timely, as the market landscape remains dynamic. Investors are encouraged to stay informed about market updates and consider these recommendations in light of their investment strategies.

While these stocks have shown positive technical indicators, potential investors should continue to perform due diligence and consider their overall portfolio strategy before making investment decisions.

Disclaimer: The investment recommendations mentioned in this article reflect the views and analyses of Ruchit Jain and are not definitive guarantees of performance. Individuals should consult their financial advisors before making investment decisions.

For the latest updates in the market, stay connected with our Smart Money Mindset platform.

Share this article: