𝗦𝘁𝗼𝗰𝗸 𝗥𝗲𝗰𝗼𝗺𝗺𝗲𝗻𝗱𝗮𝘁𝗶𝗼𝗻𝘀 𝗙𝗼𝗿 𝗝𝘂𝗻𝗲 𝟯, 𝟮𝟬𝟮𝟲
Mehul Kothari is the Deputy Vice President of Technical Research at Anand Rathi Shares. He picked three stocks for June 3, 2026.
JSW Energy: Buy between ₹585 and ₹575. Stop loss is ₹540. Target is ₹680. The stock broke out on the weekly chart. It trades above the breakout zone. It stays above key moving averages. RSI, MACD, and DMI indicators support the trend.
Adani Energy Solutions: Buy between ₹1500 and ₹1450. Stop loss is ₹1375. Target is ₹1650. The stock broke above its previous swing high. It stays above major moving averages. RSI, MACD, and DMI indicators turned positive.
IFCI: Buy between ₹71.40 and ₹68.50. Stop loss is ₹64. Target is ₹82. The stock broke above its long-term falling trendline. It holds above the breakout zone. It trades above key moving averages. RSI climbs higher and shows rising buyer interest.
The Times of India states these views belong to the expert. They do not reflect the views of the publication.