Stock market recommendations: REC Ltd, Wipro, LIC Housing Finance, and LTM – these stocks have been identified by Somil Mehta, Head of Retail Research, Mirae Asset ShareKhan as the top stocks to buy on July 28, 2026:REC Ltd: Buy in the range of Rs 367-368; Stop Loss at Rs 740; Target: Rs 810On the weekly chart, the stock has closed above a descending trendline while taking support from the 20-week and 40-week Exponential Moving Averages (EMAs). On the daily chart, it has broken above the 200-day DEMA and is forming a higher high and higher low pattern, indicating a strengthening trend. Momentum indicators are witnessing a positive crossover, which suggests increasing bullish momentum. Key resistance is at 375, while support is placed at 358.Wipro: Buy in the range of Rs 178-178.50; Stop Loss at Rs 171; Target 188On the weekly chart, the stock has formed a base near its previous swing low, which also acts as a strong demand zone. The RSI is showing a positive divergence, indicating an improvement in momentum.On the daily chart, the stock has broken out of a consolidation range and continues to trade above the 20-day and 40-day Exponential Moving Averages (EMAs). Momentum indicators have given a bullish crossover, supporting the positive outlook. Key resistance is placed at 181, while support is seen at 174.LIC Housing Finance: Buy in the range of Rs 551-552; Stop Loss at Rs 528; Target: Rs 580On the monthly chart, the stock gave a breakout above a descending trendline in the previous month. Since then, it has been consolidating above the 20-week and 40-week Exponential Moving Averages (EMAs), indicating underlying strength. On the daily chart, the stock has moved above the 200-day DEMA and is trading near the upper end of its consolidation range. A breakout above this range could lead to further upside. Momentum indicators continue to show a positive crossover, reflecting sustained strength. Key resistance is at 568, while support is placed at 535.LTM: Buy in the range of Rs 4181-4182; Stop Loss at Rs 4000; Target: Rs 4420.On the weekly chart, the stock has formed a hammer candlestick pattern near an important support zone, indicating a potential trend reversal. The RSI is also showing a positive divergence, which supports the bullish view. On the daily chart, the stock is forming an inverted Head and Shoulders pattern while trading above its 20-day and 40-day DEMAs. A breakout from this formation could trigger further upside momentum. Momentum indicators are showing a positive crossover, signaling improving strength. Key resistance is placed at 4350, while support is seen at 4050.(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.)
