Expert Technical Analyst Identifies Three High-Potential Stock Buys for Today's Market
In a detailed market analysis released on February 11, 2026, Mehul Kothari, DVP - Technical Research at Anand Rathi Shares and Stock Brokers, has pinpointed three stocks exhibiting strong technical breakout patterns: IFCI, Swiggy, and Fortis. These recommendations are based on comprehensive chart analysis, momentum indicators, and key resistance breakouts that signal potential upward movement.
IFCI: Alligator Breakout Signals Sustainable Uptrend
Buy Range: ₹64–₹61 | Stop Loss: ₹54 | Target: ₹77
IFCI has demonstrated a significant technical development by moving above the Williams Alligator indicator. The parallel alignment of the Jaw, Teeth, and Lips components indicates the commencement of a sustainable uptrend following a period of consolidation. This bullish signal is further reinforced by the MACD (Moving Average Convergence Divergence) crossing above the zero line and a positive DMI (Directional Movement Index), both reflecting strengthening buying pressure and improving momentum in the stock.
Swiggy: Trend Reversal Confirmed with Key Resistance Break
Buy Range: ₹335–₹330 | Stop Loss: ₹315 | Target: ₹360
Swiggy's price action shows a clear trend reversal, shifting from a previous lower high–lower low structure to a pattern of higher highs and higher lows. A critical technical event occurred as the stock closed above a key weekly pivot resistance near ₹331. The hourly RSI (Relative Strength Index) sustaining above the 50 level supports a positive bias, indicating the potential for further upside movement in the coming sessions.
Fortis: Range Breakout and Bullish Divergence Point to Renewed Buying
Buy Range: ₹895–₹880 | Stop Loss: ₹840 | Target: ₹970
Fortis has broken out of a narrow consolidation range near its 200-day DEMA (Double Exponential Moving Average), signaling renewed buying interest. A bullish divergence observed on the daily chart suggests improving momentum, supporting the continuation of the uptrend provided the stock sustains above the breakout zone. This technical setup indicates a favorable risk-reward scenario for investors.
Important Investment Disclaimer
All stock market recommendations, views on asset classes, and personal finance management tips provided by experts are their own opinions and do not represent the views of any affiliated organization. Investors are advised to conduct their own research or consult with a financial advisor before making any investment decisions.
