MarketSmith India, a stock research platform, has released its stock recommendations for October 3, 2025. Here's a summary of some of their top picks and market analysis:
Market Overview
On Wednesday, the Indian equity market experienced a significant relief rally, breaking an eight-session losing streak. This surge in investor confidence followed the Reserve Bank of India's (RBI) monetary policy committee (MPC) meeting.
Stock Recommendations
Motilal Oswal reported on MarketSmith India's recommendations, highlighting three stocks with specific entry and exit points:
- Hikal Ltd:
- Current Market Price: ₹403.75
- Buy Range: ₹395-405
- Profit Goal: ₹475
- Stop Loss: ₹365
- Timeframe: 2-3 months
- Shilpa Medicare Ltd:
- Current Market Price: ₹873.25
- Buy Range: ₹860-875
- Profit Goal: ₹1,040
- Stop Loss: ₹808
- Timeframe: 2-3 months
- Azad Engineering Ltd:
- Current Market Price: ₹1,579.05
- Buy Range: ₹1,550-1,580
- Profit Goal: ₹1,890
- Stop Loss: ₹1,427
- Timeframe: 1-2 months
Stocks on the Move
MarketSmith India also identifies stocks experiencing significant buying or selling pressure from institutional investors:
- Up in Price: The platform highlights stocks being heavily bought by institutional investors, focusing on companies with an EPS & RS Rank of minimum 70 and A/D Rating of D+ or better. These stocks also need to have a daily price change of 1/2 point or more with a volume change of 1/2 point or more as compared to 50 day average volume.
- Down in Price: Conversely, the platform identifies stocks being heavily sold by institutional investors. These stocks must have a daily price change of -1/2 point or more with a volume change of 1/2 point or more as compared to 50 day average volume.
Tools and Approach
MarketSmith India utilizes the CAN SLIM method, a system developed by William O'Neil, to identify promising stocks. This approach combines fundamental and technical analysis to pinpoint growth stocks. The platform offers various tools, including stock screeners, watchlists, and pattern recognition software, to aid investors in their research. It also provides insights on current market trends and model portfolios curated by SEBI-registered analysts.
