Top stocks to buy today: Stock recommendations for November 5, 2026 - check list
Top stock market recommendations: JSW Infrastructure, Navin Fluorine, and APL Apollo - Aakash K Hindocha, Vice President - Research, Nuvama Professional
Top stock market recommendations: JSW Infrastructure, Navin Fluorine, and APL Apollo - Aakash K Hindocha, Vice President - Research, Nuvama Professional Clients Group/Nuvama Wealth has recommended these as the top stocks to buy today on November 5, 2026. He has provided target and stop loss levels and also his outlook on Nifty and Bank Nifty:JSW Infrastructure (BUY):LCP: Rs 345Stop Loss: Rs 327 Target: Rs 400Stock has successfully retested its trendline breakout and bounced back sharply from the breakout zone. The volumes on the up days have also overpowered trading volumes on down days, indicating underlying strength.On a daily timeframe, stock has closed above its 21 EMA, indicating momentum on a short term timeframe. A follow-through move of this setup can take this counter towards the 390-400 zone.Navin Fluorine (BUY):LCP: Rs 8785Stop Loss: Rs 8450 Target: Rs 9250The stock has given its highest ever closing in yesterday’s trading session and has bounced back sharply from its 100 EMA, indicating strong medium-term outlook.The momentum indicator also indicates the end of the consolidation phase which went for the last 3 months. Going forward, we expect a 10-15% move which can take this stock towards 9500-9800 levels.APL Apollo (BUY):LCP: Rs 2199Stop Loss: Rs 2120 Target: Rs 2460Stock has shown strong relative strength compared to broader markets and has been consolidating constructively above its all-key moving averages. Stock is currently forming the right side of Cup & Handle pattern on a weekly timeframe and expected to break out of this pattern above 2215. The next target for this pattern comes at 2400-2480 levels.Index View: NiftyNifty has staged a smart recovery this week, up around 4% this week so far. This has been triggered by softening oil prices as well as declining US 10-year yields. FIIs data have also been supportive with net buying figures by FIIs in the last two weeks and short covering in index futures segment. Going forward, the 23950-24050 zone would be crucial to watch as the 200 day moving average is placed around this zone.We expect the index to consolidate in this zone before any meaningful second leg of move as short term momentum readings are also heated. Post closing above 24100, we expect 24800-25000 levels. On the downside, 23650 will act as support.Bank NiftyBank nifty is also up 2.5% this week, underperforming Nifty in this up move so far. However, the setup is poised for another 2000-point up move post-closing above 56100 as this will be the breakout zone of the double bottom pattern.Some leadership in private banks started to emerge as both ICICI and HDFC Bank closed at their 2 month high. Going forward, 56100 will be a key level to watch on upside. On the downside, support stands at 55100.(Disclaimer: Recommendations and views on the stock market, or any other asset classes or personal finance management tips given by experts and analysts are their own. These opinions do not represent the views of The Times of India.)You use AI every day. Now get your AI Quotient. Take the AIQ test.
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