Stock market recommendations: NACL Industries, Info Edge (Naukri), and Minda Corporation – these are the top stocks to buy recommended by Mehul Kothari, DVP – Technical Research at Anand Rathi Shares for July 1, 2026:NACL Industries: Inverse Head & Shoulders Breakout with Strong AccumulationBuy: Rs 204–Rs 200 | Stop Loss: Rs 185 | Target: Rs 240NACL Industries has confirmed a breakout from a well-defined Inverse Head & Shoulders pattern on the daily chart, signalling a potential trend reversal after a prolonged consolidation. The breakout is supported by strong trading volumes, while the stock continues to hold above its breakout zone, indicating sustained buying interest.The broader technical structure remains positive with momentum strengthening across key indicators. OBV continues to trend higher, reflecting steady accumulation, while RSI remains above 60 and MACD has generated a bullish crossover. A sustained hold above the Rs 200 zone could trigger the next leg of the up move towards Rs 240.Info Edge (Naukri): Reversal Setup Near Major SupportBuy: Rs 990–Rs 970 | Stop loss: Rs 875 | Target: Rs 1,130Info Edge is trading near a strong confluence support zone between Rs 970 and Rs 990, where a completed bearish AB=CD pattern coincides with the 61.8% Fibonacci retracement of the previous major uptrend. The stock is also showing signs of base formation after a sharp correction, suggesting that selling pressure is gradually easing.Momentum indicators are beginning to improve, with RSI recovering from lower levels and MACD generating a bullish crossover. A sustained rebound from the current support zone could attract fresh buying interest and pave the way for an advance towards Rs 1,130.Minda Corporation: Multi-Month Consolidation BreakoutBuy: Rs 675–Rs 655 | Stop Loss: Rs 595 | Target: Rs 780Minda Corporation has witnessed a decisive breakout from its 19-month consolidation range, signalling the beginning of a fresh medium-term uptrend. The breakout is backed by improving trading volumes and the stock continues to trade comfortably above its long-term moving average, reinforcing the positive trend.Momentum remains firmly in favour of the bulls, with RSI holding above 60 across multiple timeframes. A bullish MACD crossover and rising OBV indicate sustained buying interest and accumulation. As long as the stock holds above the breakout zone, it has the potential to move towards Rs 780 over the coming weeks.Stock market round-up of Tuesday’s sessionBSE Sensex and Nifty50 ended lower on Tuesday as selling pressure in information technology, oil & gas and select banking stocks outweighed early gains, with investors remaining cautious over uncertainty surrounding the next round of US-Iran talks in Doha.The 30-share BSE Sensex closed 249.70 points, or 0.33%, lower at 76,478.67 after giving up its initial gains. During the session, the index dropped as much as 398.98 points, or 0.51%, to touch an intraday low of 76,329.39.The NSE Nifty 50 also ended in the red, declining 80.50 points, or 0.34%, to settle at 23,865.75.Analysts attributed the subdued sentiment to the delayed arrival and slow progress of the southwest monsoon, fresh selling by foreign investors and weakness in heavyweight IT stocks.Among the biggest losers on the Sensex were Infosys, Tata Consultancy Services, HCL Technologies, Tech Mahindra, ITC and Hindustan Unilever. On the other hand, Maruti, Titan, Bajaj Finance and Eternal finished among the top gainers.(Disclaimer: Recommendations and views on the stock market, or any other asset classes or personal finance management tips given by experts and analysts are their own. These opinions do not represent the views of The Times of India.)
