Stock market recommendations: Mehul Kothari, DVP - Technical Research at Anand Rathi Shares, has selected Narayana Hrudayalaya, Coal India, and Hyundai Motor India as top stocks to buy today, May 13, 2026.
Narayana Hrudayalaya: Inverse Head & Shoulders Breakout with Momentum Strengthening
Buy: ₹1890–₹1850 | Stop Loss: ₹1750 | Target: ₹2100
NH has formed a bullish Inverse Head & Shoulders pattern on the chart, indicating a potential trend reversal. The stock has successfully retested its neckline breakout zone, adding further confirmation to the bullish setup. Momentum indicators are also supportive, with RSI sustaining above the 50 mark and currently placed near 60, reflecting improving strength and increasing buying interest. The overall price structure suggests potential continuation of the up move in the coming sessions.
Coal India: Fibonacci Support Confluence with Base Formation
Buy: ₹465–₹455 | Stop Loss: ₹445 | Target: ₹490
COALINDIA has formed a strong base near the ₹455–₹460 zone, indicating support-driven buying interest at lower levels. Technically, this area coincides with the 50% retracement of the previous rally along with an equal-length corrective leg, creating a strong confluence support zone on the chart. Such overlapping technical structures generally increase the probability of trend continuation after consolidation. The stock is showing signs of stability around these levels, suggesting limited downside and potential resumption of the broader uptrend.
Hyundai Motor India: Base Formation with Improving Momentum Structure
Buy: ₹1910–₹1880 | Stop Loss: ₹1800 | Target: ₹2100
HYUNDAI has formed a strong base near the ₹1800–₹1850 zone, which also coincides with its previous breakout area, making it a crucial support region on the charts. The stock is showing signs of stability after a consolidation phase, indicating accumulation at lower levels. From a momentum perspective, RSI has crossed above its previous swing high and is sustaining above the same, reflecting improving bullish momentum and strengthening price structure. The overall setup points towards a favorable risk-reward opportunity for positional upside.
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.
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