Stock market recommendations: Titagarh Rail Systems, AIA Engineering, and HBL Engineering – Mehul Kothari, DVP of Technical Research at Anand Rathi Shares has identified these as the top technical stock picks for September 9, 2026. Below are his recommended stocks, their price targets, stop loss levels and rationale:Titagarh Rail Systems: Buy between Rs 890-870; Stop Loss: Rs 820; Target: Rs 1000Titagarh Rail Systems has bounced back from its recent lows and is now trading above its important moving averages. These act as dynamic support levels, and holding above them signals buyers are in control. The stock also broke above a descending trendline (a line connecting lower highs during a downtrend), which technically suggests the prior downward pressure may be easing and momentum could be turning upward.The RSI (Relative Strength Index) at ~60 shows moderate bullish strength. It’s above the neutral 50 mark but still has room before hitting overbought territory (above 70), so there’s potential runway left.Traders may consider entering long positions in the Rs 890-870 zone, with a target of Rs 1000.AIA Engineering: Buy between Rs 4,250-4,200; Stop Loss: Rs 4,100; Target: Rs 4,475AIA Engineering is trading near a confluence of technical support, which makes this zone worth watching. It’s close to the 50% retracement of its prior up move. A Fibonacci level where stocks often find support after giving back half a rally. This lines up with the 200-day exponential moving average (200-DEMA), a key long-term trend gauge, and also matches the previous breakout zone, where old resistance can turn into support once broken.When several signals converge like this, it strengthens the case for a genuine demand zone where buyers may step in, offering a defined risk-reward setup. The idea would be to look for entries near this support cluster, with a stop-loss just below to cap downside if it fails, while a decisive move above the recent swing high would confirm renewed bullish momentum.Traders may consider entering long positions in the zone Rs 4,250–4,200, with a target of Rs 4,475.HBL Engineering: Buy between Rs 705- 695; Stop Loss: Rs 660; Target: Rs 775After a sharp, prolonged decline, HBL Engineering appears to have formed an “extended bottom”. Three successive lows near the same support zone, suggesting selling pressure may be running out. Alongside this, the daily RSI shows bullish divergence: while price made equal or lower lows, RSI made higher lows, indicating weakening downside momentum since momentum is no longer confirming the price action.The accompanying volume surge points to renewed buying interest or accumulation at these levels, adding weight to the pattern.Traders may consider entering long positions in the Rs 705- 695 zone, with target of Rs 775(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.)
