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.
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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.Bajaj Auto – Buy | Stop Loss: Rs 10,250 | Target: Rs 11,000BAJAJ-AUTO has formed a strong base around its 10 and 20 DEMA, indicating buying interest at these moving-average support levels. The hourly RSI has crossed above 70 on a recent occasion, highlighting the presence of strong short-term bullish momentum. Meanwhile, the daily RSI is hovering around the 50 mark, suggesting that the broader momentum is gradually improving and has scope to strengthen further.The combination of price stability around key moving averages and improving momentum indicators provides a constructive technical outlook. Traders can consider buying the stock with a stop-loss at Rs 10,250, while the upside target is placed at Rs 11,000. A sustained move above the daily RSI 50 mark would further strengthen the bullish setup.Tata Power: Buy between Rs 358-348 | Stop Loss: Rs 334 | Target: Rs 388TATAPOWER is showing encouraging signs of a potential bullish reversal, with a three-point bullish divergence emerging on the daily chart. This indicates improving underlying momentum and suggests that selling pressure may be gradually weakening. Adding to the positive setup, hourly RSI has moved above the 70-mark following the divergence, signalling a strong pickup in short-term bullish momentum.This development indicates that buying interest is gaining traction and supports the possibility of further recovery. The combination of a three-point bullish divergence on the daily scale and strength in hourly RSI strengthens the positive technical outlook. Traders should monitor price action for sustained buying momentum and confirmation of a broader trend reversal.(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.)
