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Trade Spotlight: Top Stock Picks for September 22 — Deepak Fertilisers, Lupin, Muthoot Finance & More
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Moneycontrol•22-09-2026, 08:12
Trade Spotlight: Top Stock Picks for September 22 — Deepak Fertilisers, Lupin, Muthoot Finance & More
- •Equity benchmarks saw gains with Nifty 50 up 0.29%, but market breadth remained weak with more declines than advances.
- •Anand Rathi recommends buying Deepak Fertilisers, Jubilant Foodworks, and HDFC Life Insurance based on technical indicators like Fibonacci support, bullish divergence, and trendline breakouts.
- •ICICI Securities suggests buying ITC, Lupin, and Muthoot Finance Futures, citing base formation, short covering potential, and strong support levels from options data.
- •Mirae Asset ShareKhan advises buying Sun Pharmaceutical Industries, Sapphire Foods India, and Samvardhana Motherson International, highlighting channel breakouts, sustained uptrends, and EMA support.
- •GEPL Capital recommends buying Sansera Engineering and Eternal, noting robust uptrends, consolidation breakouts, and strong momentum indicators.
Key Questions Answered
Traders may consider entering long positions in Deepak Fertilisers in the Rs 1,370–1,340 zone with a target of Rs 1,555 and a stop-loss set at Rs 1,250.
HDFC Life Insurance has formed four distinct bottoms over 4–5 months, shown multiple daily RSI bullish divergences, and witnessed a breakout above the falling trendline.
Sapphire Foods India is poised to move toward the Rs 250–259 zone with a stop-loss established at Rs 228.
