Stock market recommendations: Sona BLW Precision Forgings, Deepak Nitrite, and Vindhya Telelinks are the top stock recommendations from Mehul Kothari, DVP – Technical Research at Anand Rathi Shares for April 15, 2026. Let’s take a look:Sona BLW Precision Forgings – Weekly Breakout with Strong Momentum ConfirmationBuy: ₹572–₹550 | Stop Loss: ₹510 | Target: ₹661SONACOMS has registered a breakout on the weekly timeframe, indicating a shift towards a bullish structure supported by strong participation. Momentum indicators are aligned positively, with RSI sustaining above the 50 mark, reflecting underlying strength. Additionally, the MACD has witnessed a bullish crossover above the zero line, signaling a trend reversal in favor of the bulls. The DMI setup further confirms strengthening buying momentum, suggesting that the ongoing move has depth. This confluence of price action and momentum indicators points towards a continuation of the uptrend, offering a favourable risk-reward opportunity within the specified buying zone.Deepak Nitrite – Bullish Divergence at Strong Demand ZoneBuy: ₹1465–₹1435 | Stop Loss: ₹1280 | Target: ₹1790Deepak Nitrite is exhibiting a bullish divergence on the daily timeframe, where price has been forming lower lows while RSI is making higher lows, indicating improving momentum beneath the surface. This divergence is supported by the stock taking support near the Yearly S1 Floor Pivot, which acts as a crucial demand zone and enhances the reliability of the setup. The recent price behavior suggests that selling pressure is gradually exhausting, increasing the probability of a reversal. The alignment of momentum divergence with a strong technical support zone provides a favourable positional opportunity with an attractive risk-reward profile.Vindhya Telelinks – Trendline Breakout with Double Bottom SupportBuy: ₹1240 (Add at ₹1140) | Stop Loss: ₹960 | Target: ₹1600 (3 Months)VINDHYATEL has witnessed a breakout above a key trendline on the daily chart, indicating a potential trend reversal. The structure is further strengthened by the formation of a double bottom pattern near the ₹960 level, highlighting a strong demand base. Momentum indicators are also supportive, with a breakout observed on the daily RSI, suggesting improving strength. Additionally, the stock has rebounded from its 200-month EMA, which acts as a long-term support and adds further conviction to the setup. This combination of pattern breakout, momentum confirmation, and long-term support alignment indicates a high-probability setup for a medium-term upward move.(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)
