Nifty Top Stock Picks for Next Week as Index Targets Breakout Toward 25,700
The world of stock market has always been a roller-coaster ride for investors. Every day we get to see new highs and lows, but the most important thing is to pick the right stock at the right time. Today we will talk about Nifty top stock picks, which will try their best to create the mood of the market in the coming week. This analysis has been prepared on a technical and practical basis so that you can get clarity in future trading decisions.
Nifty Top Stock Picks and Current Mood of Market
Currently Nifty 50 index is comfortably trading above its short-term and long-term moving averages. Both averages are sloping upwards, which is a bullish sign. In the last two weeks, benchmark Nifty has shown a rally of almost 700 points and closed at 8-week high level. This clearly shows that market sentiment is improving and technical structure is becoming strong.
Currently Nifty is standing on the edge of the breakout of a Symmetrical Triangle pattern, which is often an indicator of sharp moves. Momentum indicators like RSI and MACD are also moving towards the bullish zone. Daily RSI has crossed 60 for the first time since July 2025 and MACD histogram is also showing strength. Market breadth is also quite good, with 82% Nifty stocks trading above their 20-day EMA and 76% trading above their 50-day EMA.
Bajaj Finance – Strongest Candidate for Nifty Top Stock Picks
Bajaj Finance is in the spotlight right now as it gave a downward sloping trendline breakout on 10 September and witnessed strong follow-through buying after that. The stock has gained almost 12% in just 7 trading sessions. It is currently trading 10% above its 50-day EMA, which is a solid bullish indication.
The RSI is also in the bullish zone and the ADX line is sloping upwards, which confirms that the trend can be strong and sustainable. Experts believe that a correct strategy would be to accumulate this stock in the zone of Rs 1,000-1,010, with a stop-loss of Rs 975. If the momentum sustains, it can test Rs 1,075 in the short term.
Coforge – A Rising Star in Nifty Top Stock Picks
The other name that is in the spotlight is Coforge. The stock has been rising steadily after taking support at its 200-Day EMA on 5 September. It has formed a strong bullish candle on the weekly chart and is now on the verge of a consolidation breakout. The ratio chart is also indicating likely outperformance.
Currently, Coforge is trading above its crucial moving averages, and DI+ crossing above DI- confirms upward momentum. The stock is recommended to accumulate between Rs 1,765-1,775, with a stop-loss at Rs 1,715. Short term target can be up to Rs 1,890. This stock is also looking attractive due to its tweezer bottom candlestick pattern, which is making the momentum of buyers strong.
GMDC – Caution needed in Overbought Zone
GMDC has also caught the attention of investors in the past few days. On 5 September, it broke its major resistance zone of Rs 500-510 and then made a sharp bounce back to close 11% higher. The stock is currently trading 30% above its 50-day EMA, which shows an impressive rally. But the RSI is still in the overbought zone.
For this reason, experts advise caution. The stock may consolidate a bit and then start its upward journey again. If there is a dip, it can become a good entry point for long-term investors as structurally it is still in a strong uptrend.
Outlook of Defence Sector Index and Bank Nifty
Nifty India Defence index has also now come in bullish mode. After the downward sloping trendline breakout, it has come above its key moving averages and RSI has also crossed above 60. Both HAL and BDL have given double bottom neckline breakout whose target can be Rs 4,900-4,930 for HAL and Rs 1,630 for BDL.
On the other hand, Bank Nifty has also recovered 1,200 points from its recent low, but it is still trading below its 50-day and 100-day EMA. If it closes above the averages, a move up to 56,000 is possible.
Conclusion – What to look for from Nifty Top Stock Picks
There is never 100% certainty in the stock market, but technical indicators and expert analysis always provide a strong guide. Bajaj Finance and Coforge look most promising as Nifty top stock picks. A little caution is necessary in GMDC, while defense and banking sectors are also gradually gaining momentum.
Looking at the current setup of the market, it seems that if Nifty closes above 25,200, a rally up to 25,500–25,700 is possible. Therefore, investors should take their decisions with patience and discipline.
Disclaimer:
We have written this article only for informational purpose. We are not giving you any financial or investment advice in this article. You must contact your financial advisor once before taking any decision.
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