Top stocks to buy (AI image)
Stock market recommendations: NTPC, Power Finance Corporation, and Union Bank of India are the top stock picks by Somil Mehta, Head – Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan for February 17, 2026. Let’s take a look:NTPC – Buy in the range between Rs 368 & Rs 369; Stop Loss: Rs 335; Target: Rs 430NTPC is consolidating in a broad range from last week above the short term average 20 & 40 Daily moving average. In the weekly time frame closing above the previous swing high i.e. 364 and also Giving a descending trendline breakout. The stock is expected to resume the uptrend. Momentum Indicators are positive showing strength. Key resistance at 381 and support is at 350.PFC – Buy in the range between Rs 411 & Rs 412; Stop Loss: Rs 375; Target: Rs 480 Power Finance Corporation has broken out of a consolidation on the daily chart forming higher top and higher bottom. In the weekly time frame the stock has given a descending trendline breakout by taking support from 20 DEMA i.e. 396 and the stock is expected to resume the uptrend. Momentum Indicators are positive showing strength. Key resistance at 430 and support is at 400.Union Bank of India – Buy in the range between Rs 183 & Rs 184; Stop Loss: Rs 164; Target: Rs 220Union Bank of India is showing a consolidation zone breakout by taking support from the 20 DEMA. Stock is trading above short term average 20 & 40 Daily Exponential Moving Averages. The stock is expected to resume the uptrend. Momentum Indicators are positive showing strength. Key resistance at 205 and support is at 170(Disclaimer: Recommendations and views on the stock market, other asset classes or personal finance management tips given by experts are their own. These opinions do not represent the views of The Times of India)
