Stock market recommendations for May 27, 2026, highlight AIA Engineering, State Bank of India (SBI), and Hindustan Copper as top buys, according to Mehul Kothari, DVP - Technical Research at Anand Rathi Shares.
AIA Engineering: Trendline Breakout with Strong Momentum
Buy: ₹4170–₹4100 | Stop Loss: ₹3930 | Target: ₹4500
AIA Engineering has been consolidating near the ₹4000–4050 zone after a steady uptrend. The stock is now breaking out from a falling trendline resistance, signaling a potential continuation of the bullish trend. It remains above key moving averages, reflecting medium-term strength. Recent price action near the 20 and 50 EMA indicates sustained buying interest on dips. Momentum indicators are supportive, with the RSI moving sharply higher and sustaining above 60, suggesting strengthening bullish participation.
State Bank of India: 61.8% Retracement Support with Double Bottom
Buy: ₹975–₹955 | Stop Loss: ₹850 | Target: ₹1195
SBI recently corrected sharply from highs of ₹1200 to the ₹940 zone, retracing nearly 61.8% of its previous rally. This pullback appears healthy within the broader uptrend. The stock has retested its 200 DEMA and is showing signs of reversal with a potential double bottom formation on the daily chart. The daily RSI also exhibits a double bottom structure, indicating positive divergence and improving momentum, which may support a strong recovery in coming sessions.
Hindustan Copper: Trendline Support with Improving Momentum
Buy: ₹560–₹550 | Stop Loss: ₹510 | Target: ₹630
Hindustan Copper has been consolidating near the crucial ₹540–550 support zone after a strong rally earlier this year. The stock is approaching an important rising trendline support area, where buying interest is gradually emerging. It continues to trade above major long-term moving averages, reflecting a positive broader trend. The current consolidation near the 50 EMA suggests preparation for the next directional move. Momentum indicators are stabilizing after the recent correction, and a sustained move above ₹560 may trigger fresh upside momentum.
Disclaimer: Recommendations and views on the stock market, other asset classes, or personal finance management tips given by experts are their own. These opinions do not represent the views of The Times of India.
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