Stock market recommendations: Premier Energies, Jio Financial Services, and ICICI Life Insurance have been identified as top stocks to sell today by Somil Mehta, Head of Retail Research, Mirae Asset ShareKhan for October 21, 2026. He sees ABB as a buy call. Let’s take a look:Premier Energies: Sell in the range of Rs 899-900; Stop Loss at Rs 932; Target: Rs 860On the weekly time frame, the stock has been consolidating for the last three weeks after closing below the 50% retracement level of the overall rise from the previous swing low of 662. This suggests that the stock is struggling to sustain higher levels and remains under selling pressure.On the daily charts, the stock is witnessing rejection from the 40 DEMA, which is aligned with the upper Bollinger Band and acting as a critical resistance zone.Momentum indicators are showing a negative crossover, which further supports the bearish outlook. The key resistance level is placed at 920, while immediate support is at 883.Jio Financial Services: Sell in the range of Rs 214-215; Stop Loss at Rs 221.50; Target: Rs 205On the weekly time frame, the stock has broken below its previous swing low and is forming a lower top and lower bottom structure below the 20 and 40 WEMA. This price structure indicates that the broader trend remains weak and rallies are likely to face resistance.On the daily charts, the stock has witnessed multiple rejections from the 20 DEMA and is expected to give a breakdown from the current narrow trading range on the downside. Momentum indicators are showing a negative crossover, suggesting continued weakness. The key resistance level is placed at 219, while support is at 209.ICICI Life Insurance: Sell in the range of Rs 438-439; Stop Loss at Rs 452; Target: Rs 422On the weekly time frame, the stock is forming a lower top and lower bottom structure below the 200 WEMA and has closed below a critical support level. This breakdown indicates weakness in the overall trend and increases the probability of further downside movement.On the daily charts, the stock has broken below its previous swing low and is trading below the 20 and 40 DEMA. Momentum indicators are showing a negative crossover, signaling weakness. The key resistance level is placed at 448, while support is positioned at 429.ABB: Buy in the range of Rs 6974-6975; Stop Loss at Rs 6706; Target: Rs 7290On the weekly time frame, the stock has been taking support from the lower Bollinger Band and the 40 WEMA for the last three weeks. This repeated support near important levels indicates that buyers are actively defending the stock at lower levels.On the daily charts, the stock has taken support from the 200 DEMA for the third consecutive time and has formed multiple bullish reversal candlestick patterns. Momentum indicators are showing a positive crossover, indicating improving bullish momentum. The key resistance level is placed at 7120, while support is seen at 6765.(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.)
