Expert Stock Recommendations for April 2026: PB Fintech, Tata Power, and United Breweries Highlighted
In a recent analysis, Mehul Kothari, Deputy Vice President of Technical Research at Anand Rathi Shares, has identified three standout stock recommendations for investors targeting April 22, 2026. The picks include PB Fintech Limited, Tata Power Company Limited, and United Breweries Limited, each backed by strong technical indicators and breakout patterns that suggest potential bullish trends.
PB Fintech Limited: Trendline Breakout with Momentum Support
Buy Range: ₹1610–₹1580 | Stop Loss: ₹1500 | Target: ₹1795
PB Fintech Limited has demonstrated a significant breakout after a consolidation period lasting approximately 43 sessions. This move signals a transition from range-bound trading to a bullish trend, with the stock surpassing a falling trendline that indicates improving market sentiment. The Relative Strength Index (RSI) is consistently holding above 60, reflecting robust momentum, while the Directional Movement Index (DMI) supports a strengthening directional bias. The alignment of price action and momentum indicators suggests a high likelihood of the uptrend continuing, making this stock a compelling buy for investors seeking growth opportunities.
Tata Power Company Limited: Breakout with Strengthening Momentum
Buy Range: ₹435–₹425 | Stop Loss: ₹399 | Target: ₹480
Tata Power Company Limited has broken above its falling trendline, pointing to a potential trend reversal and renewed buying interest. The RSI trading above 60 underscores sustained strength, and a favorable DMI setup highlights an improving trend direction. The overall technical structure supports a positive bias, with ample scope for further upside. This breakout pattern, combined with momentum indicators, positions Tata Power as a strong candidate for investors looking to capitalize on emerging trends in the energy sector.
United Breweries Limited: Bullish Divergence at Key Support
Buy Range: ₹1530–₹1510 | Stop Loss: ₹1400 | Target: ₹1775
United Breweries Limited is showing early signs of a reversal, with a bullish divergence on the daily chart indicating weakening selling pressure. This setup is reinforced by the stock's proximity to a key yearly support zone, which adds structural strength. Additionally, stochastics are reversing from oversold levels, signaling improving momentum and pointing toward a potential upward move. This combination of factors makes United Breweries an attractive option for investors anticipating a rebound in the beverage industry.
Disclaimer: The recommendations and views expressed by experts on the stock market, other asset classes, or personal finance management are their own and do not represent the views of The Times of India. Investors are advised to conduct their own research and consult financial advisors before making investment decisions.
