Stocks To Buy Today, Sept 12: Top Picks By Riyank Arora of Mehta Equities For Profitable Trading On Friday

With a modest rise of 0.13%, the Nifty closed the previous session at 25,005.50, marking its seventh straight gain. After a protracted period of consolidation, the index has finally recovered to psychological levels of 25,000, while Nifty Bank closed the day up 0.24% at 54,669.60. The India VIX dropped 1.68% to 10.36, suggesting that the level of volatility is dropping. These muted values, which represent cautious confidence as market players avoid active hedging despite the index's uncertain movement, point to consolidation rather than panic-led trading.

Nifty Outlook Today

"Although Nifty has managed to close above the 25,000 mark, conviction remains low in the absence of strong follow-through momentum. However, the shifting of call writing to higher strikes indicates early signs of optimism. The broader trend continues to remain constructive, supported by a robust base around 24,700-24,800 and the backing of the 20- and 50-DEMA cluster," said Dhupesh Dhameja, Derivatives Research Analyst, SAMCO Securities.

"The ongoing pattern of higher highs and higher lows further reinforces the bullish undertone. A sustained move above 25,050 could trigger meaningful short covering, opening the path for an extended rally toward 25,200. Until then, buying on dips remains the preferred strategy as long as the base support holds firm," Dhupesh Dhameja added.

Bank Nifty Outlook Today

"Nifty Bank has sustained above its immediate hurdle of 54,500, though conviction remains modest in the absence of strong follow-through momentum. The addition of put writing at near-the-money strikes, however, signals early optimism. The broader setup remains constructive, supported by a robust base near 54,300-54,000 and the swing low," commented Dhupesh Dhameja, Derivatives Research Analyst, SAMCO Securities.

"The ongoing pattern of higher highs and higher lows further underpins the bullish undertone. A decisive move above 54,700 could trigger meaningful short covering, paving the way for an extended rally towards 55,200. Until then, a buy-on-dips strategy remains the most favourable approach, provided the support base holds firm," Dhupesh Dhameja stated.

Stocks To Buy Today

Here are the stocks that might see tremendous potential gains during today's intraday session, according to technical analyst Riyank Arora of Mehta Equities Ltd.

Affle 3i

Buy | CMP: Rs 2,100 | Stop-loss: Rs 2,050 | Target: Rs 2,200 / Rs 2,280

Affle India is showing renewed momentum after bouncing from its support levels. The stock is holding well above short-term averages, with RSI strengthening, which indicates bullish sentiment. Sustaining above ₹2,100 could trigger a rally toward ₹2,200 and ₹2,280 in the near term. Traders may enter fresh longs while keeping a stop-loss at ₹2,050 to protect against unexpected downside.

ACME Solar Holdings

Buy | CMP: Rs 313 | Stop-loss: Rs 300 | Target: Rs 330 / Rs 345

Acme Solar is trading with strong momentum, supported by rising volumes and sustained buying activity. The stock has broken past recent hurdles and is holding firm above ₹313, signaling potential continuation of the uptrend. RSI is moving positively, reinforcing the bullish outlook. A sustained move above ₹313 can lead toward ₹330 and ₹345. A stop-loss at ₹300 is recommended to manage risk.

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