Godrej Properties, Bajaj Auto, and Tata Power have emerged as favored technical picks based on strengthening momentum indicators. Godrej Properties shows an RSI divergence alongside closes above its 10 and 20 DEMA, while Tata Power displays a three-point bullish divergence signaling fading sell pressure. Additionally, Bajaj Auto demonstrates moving average stability as its hourly RSI moves past 70, reflecting robust intraday strength across the recommended basket.
Key points
Favorable RSI divergence on Godrej Properties and Tata Power indicates that underlying se…: Favorable RSI divergence on Godrej Properties and Tata Power indicates that underlying selling pressure is declining.
Crucial moving average holds for Bajaj Auto and Godrej Properties provide technical valid…: Crucial moving average holds for Bajaj Auto and Godrej Properties provide technical validation for their upside targets.
Tight stop-loss levels across all three equities offer structured risk management paramet…: Tight stop-loss levels across all three equities offer structured risk management parameters for active market participants.
Sources checked by our analysis pipeline: 1
Stock market recommendations: Godrej Properties, Bajaj Auto, and Tata Power - Mehul Kothari, DVP of Technical Research at Anand Rathi Shares has picked these as the top stocks to buy today on November 3, 2026. Below are the details:Godrej Properties – Buy: Rs 1,670–1,650 | Stop Loss: Rs 1,600 | Target: Rs 1,750GODREJPROP is showing signs of a bullish reversal after taking support near its previous demand zone. The stock has also witnessed bullish RSI divergence, indicating improving momentum and a possible shift in the short-term trend. Supporting this development, price action has decisively closed above its 10 and 20 DEMA, suggesting renewed buying interest.
Additionally, the daily RSI has moved above the 50 mark, indicating a shift towards positive momentum. Traders can consider accumulating the stock in the Rs 1,670–1,650 zone, with a stop-loss at Rs 1,600.
US Midterm Election Results 2026
On the upside, the stock has the potential to test Rs 1,750. The overall technical setup remains positive as long as the stock sustains above the prescribed stop-loss level.
Investor enthusiasm has reignited around the drone manufacturer after it snapped consecutive quarters of losses to post a net profit. This financial turnaround has reinforced market sentiment and positioned the business for potential valuation upgrades. Sustained operational performance across upcoming quarters will now be critical to maintaining this upward momentum.
Australian shares closed lower today, with the benchmark index losing ground by the end of the session. The S&P/ASX 200 fell by 0.59% at the close of trade.
Investor attention has turned toward CXMT as the company records a sharp upward move during today's trading session. Market participants are actively assessing the underlying drivers behind this sudden influx of buying pressure. The rapid price change has raised immediate questions among observers looking to determine what triggered the surge.