2 weeks ago

Anand Rathi's Ganesh Dongre Recommends Four Stocks to Buy

Anand Rathi's Ganesh Dongre Recommends Four Stocks to Buy
Independence Day 2026: BEL to BEML — Ganesh Dongre of Anand Rathi recommends these four stocks to buy · livemint.com

Ganesh Dongre is a person who studies the stock market to help people decide what to buy.

Ganesh works for a company called Anand Rathi.

Around India's Independence Day, he told people that the stock market was falling a little.

But he said this is normal and the market will go back up.

He suggested buying small pieces of four companies: BEL, Kaynes Technology, BEML, and UNO Minda.

These companies make things like defence equipment, electronics, trains, and car parts.

He said people should wait for each stock's price to pass a certain point before buying.

For example, BEML should only be bought if the price goes above 2,050 rupees.

Ganesh thinks these stocks could become more valuable over the next few weeks.

He also said the market index should not fall below its support level of 24,050.

Key facts

Analyst
Ganesh Dongre, Senior Manager — Technical Research, Anand Rathi
Recommended stocks
BEL, Kaynes Technology, BEML, UNO Minda
Nifty 50 decline
Fell from 24,583 to 24,366 over four straight sessions
Nifty 50 support
24,050
Nifty 50 upside path
Sustained move above 24,500 could pave the way to 25,000 and higher
BEL target
₹450-₹500 on breakout above ₹345
BEML target
₹2,200, with stop loss at ₹1,450
UNO Minda target
₹1,400-₹1,500, trading around ₹1,240

Quotes

Ganesh Dongre

Senior Manager – Technical Research at Anand Rathi

“We maintain our bullish stance and expect the index to regain momentum on a sustained move above 24,500, which could gradually pave the way towards 25,000 and higher levels in the coming weeks. As long as the 24,050 zone holds, dips should continue to be used to build fresh positions.”
livemint.com

Sources

Related news