Stock Market Trading Guide: Sell Axis Bank, Buy Lupin and 3 More Stocks for Up to 10% Gains
Indian headline indices ended lower on Friday, breaking a six-session winning streak. Here are the top stock recommendations for Monday, including KRN Heat Exchanger, Shaily Engineering, Uno Minda, Lupin, and Axis Bank.
Stock MarketTrading GuideStock RecommendationsTechnical AnalysisFinancial AdviceReal Estate NewsAug 24, 2025
Commenting on the day’s action, Rupak De, Senior Technical Analyst at LKP Securities, said the index continues to hold above the 50 EMA, reinforcing the short-term uptrend. “On the downside, support lies at 24,800; staying above this level keeps the trend intact with scope for an advance towards 25,000–25,250,” De said.
Here are 5 stock recommendations for Monday:
Buy KRN Heat Exchanger at Rs 955 | Upside: 10%
Stop loss: Rs 906
Target: Rs 1,050
KRN Heat Exchanger and Refrigeration registered a breakout from a classic Cup & Handle pattern on the daily timeframe, closing the session with a bullish candlestick backed by volumes above the 20-day average, underscoring strong buying interest. The stock remains firmly positioned above its 20, 50, 100, and 200-day EMAs, reaffirming the prevailing uptrend. Meanwhile, the RSI at 62.51 is rising, indicating robust bullish momentum and scope for further upside in the near term. (Kunal Kamble, Sr. Technical Research Analyst at Bonanza)
Buy Shaily Engineering at Rs 2,103 | Upside: 8%
Stop loss: Rs 2,028
Target: Rs 2,279
Shaily Engineering witnessed a decisive breakout from a rounding bottom formation on the daily timeframe, closing the session with a bullish candlestick supported by volumes well above the 20-day average, pointing to sustained buying interest. The stock is trading comfortably above its 20, 50, 100, and 200-day EMAs, reaffirming the strength of the ongoing uptrend. Moreover, the RSI at 76.65 is trending higher, signaling overwhelming bullish momentum and potential for continued upside in the near term. (Kunal Kamble, Sr. Technical Research Analyst at Bonanza)
Buy Uno Minda at Rs 1,266 | Upside: 5%
Target: Rs 1,330
Stop loss: Rs 1,219
The stock moved higher after a brief consolidation on the daily chart, indicating renewed optimism. It is trading comfortably above the 50 EMA, confirming a bullish trend, while the RSI has entered a bullish crossover following the breakout. In the near term, the trend is expected to remain positive with potential upside towards Rs 1,330. On the downside, support is placed at Rs 1,219. (Rupak De, Senior Technical Analyst at LKP Securities)
Buy Lupin at Rs 1,970 | Upside: 4%
Target: Rs 2,050
Stop loss: Rs 1,924
Following a bullish harami pattern formation, the stock moved higher, indicating a bullish reversal. The price has been sustaining above the important 50 EMA, while the RSI is in a bullish crossover. In the short term, the stock might move towards Rs 2,030–2,050, with support placed at Rs 1,924. (Rupak De, Senior Technical Analyst at LKP Securities)
Sell Axis Bank at Rs 1,070 | Downside: 3%
Target: Rs 1,040
Stop loss: Rs 1,086
The stock slipped from its recent consolidation, suggesting growing bearish sentiment. Moreover, it has been trading below the 21 EMA on the daily timeframe. The RSI is on the verge of a bearish crossover. In the short term, the stock may drift lower towards Rs 1,040, while resistance is placed at Rs 1,086. (Rupak De, Senior Technical Analyst at LKP Securities)
(Disclaimer: Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of Economic Times)
Frequently Asked Questions
What is the current trend of the Nifty index?
The Nifty index has paused and slipped below 25,000, suggesting a brief consolidation before the next leg of the rally. It continues to hold above the 50 EMA, reinforcing the short-term uptrend.
What is the recommended stop loss and target for KRN Heat Exchanger?
The recommended stop loss for KRN Heat Exchanger is Rs 906, and the target is Rs 1,050, with an upside potential of 10%.
What technical pattern is Shaily Engineering showing?
Shaily Engineering has witnessed a decisive breakout from a rounding bottom formation on the daily timeframe, supported by volumes well above the 20-day average.
Why is Uno Minda a good buy at Rs 1,266?
Uno Minda has moved higher after a brief consolidation, trading above the 50 EMA with a bullish RSI crossover, indicating a positive trend with potential upside towards Rs 1,330.
What is the downside target for Axis Bank if sold at Rs 1,070?
The downside target for Axis Bank if sold at Rs 1,070 is Rs 1,040, with a stop loss at Rs 1,086, indicating a potential downside of 3%.
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