Stock market recommendations: Siemens, Laurus Labs, and BHEL – Hitesh Rathi, Technical Analyst (Equity & Derivatives) at Angel One has picked these as the top stocks to buy today on August 28, 2026:Buy Siemens at Rs 4090-4085; Stop Loss: Rs 3860; Target: Rs 4620Following a minor price correction over the course of the past few sessions, which had no impact on the overall bullish structure on higher time frame charts, SIEMENS appears ready to resume its prior uptrend. On its medium term 1%*3 Point and figure chart, alongside triggering a column reversal, has now triggered a bullish Double top buy, providing further confirmation of a resumption of an uptrend.A similar bullish set-up has emerged on the Daily 1% Renko charts of the stock, where following a bullish anchor brick, the stock has now triggered a bullish two-back breakout, pointing towards a resumption of the prior uptrend, and further confirmation of the current bullish set up.Buy Laurus Labs at Rs 1929-1925; Stop Loss: Rs 1776; Target: Rs 2050-2060The formation of a bullish Super pattern on its 1%*3 Daily Point and figure chart, which underscores the strong control of bulls on the ongoing price, has signaled a resumption of prior uptrend on the stock. This breakout is accompanied by a breakout on the Relative strength ratio chart, where the stock is outperforming the NIFTY 500 index, suggesting a resumption of its outperformance from the broader market.At the same time, a bullish price set up on its candlestick charts, where the stock after taking support near its 20 DEMA, has given a strong breakout above previous swing highs, further highlighting a strong on-going trend. The smoothened 14-day RSI provides additional confirmation about strong momentum tailwinds in the stock, which has refused to drop below the 60 mark, signaling towards a very strong uptrend in place.Buy BHEL at Rs 433-430; Stop Loss: Rs 399; Target: Rs 450-460BHEL has been consolidating in a tight range for the past two months, following the invalidation of a prior bearish set up marked by weak breakout and a bearish anchor column. This invalidation of a bearish price structure points towards a shift in control towards buyers. While the stock has exhibited price volatility on its smaller time frame charts, no impact has been made to the long-term bullish structure, where the stock has remained in a bullish column on its 3%*3 Daily Point and figure charts.A recent bullish column reversal on its 1%*3 Daily point and figure charts, provides a risk-controlled opportunity to enter into a long-term bullish stock, which has been outperforming the broader markets for quite a while now. On its 1% Daily Renko charts as well, the stock has exhibited price consolidation, but a formation of higher bottoms in this consolidation, points towards emerging support at higher levels, and a sacrosanct support near its 40- brick EMA, points towards robust demand at lower levels. All these factors point towards a resumption of an uptrend in BHEL soon.(Disclaimer: Recommendations and views on the stock market, or any other asset classes or personal finance management tips given by experts and analysts are their own. These opinions do not represent the views of The Times of India.)
