5 Stocks Analysts Recommend Buying: Nippon Life, Policybazaar & More
By Business Desk
Analysts issue high-conviction ‘buy’ ratings for 5 stocks on August 20, 2026, including Nippon Life, Policybazaar, RR Kabel, ELGI Equipments, and Meesho. Get trading ideas.
Market analysts and brokerage firms have provided high-conviction ‘buy’ recommendations for five specific stocks, outlining clear trading ideas for investors.
These recommendations, published on August 20, 2026, include specific entry levels, target prices for potential upside, and crucial stop-loss limits to manage downside risk.
Key Stock Recommendations
The advised stocks span various sectors, reflecting targeted opportunities identified by market experts.
Investors are guided with precise figures to structure their trades effectively.
Nippon Life India Asset Management
Nippon Life India Asset Management features on the ‘buy’ list with a clearly defined risk-reward profile.
Analysts have established specific price points for this stock.
- The target price is set at Rs 1,300.
- A stop-loss limit is advised at Rs 1,170.
RR Kabel
RR Kabel received multiple ‘buy’ recommendations, showcasing varied but consistently positive outlooks from different brokerage firms.
These recommendations include a range of target prices and corresponding stop-loss levels.
- Target prices for RR Kabel range from Rs 3,030 to Rs 3,333.
- Stop-loss limits are specified between Rs 2,679 and Rs 2,850.
ELGI Equipments
ELGI Equipments is another stock highlighted for a ‘buy’ opportunity.
Its recommendation comes with a distinct target price and a protective stop-loss level.
- The target for ELGI Equipments is Rs 755.
- A stop-loss is placed at Rs 579.
Meesho
The e-commerce platform Meesho has also been identified as a ‘buy’ candidate by market analysts.
Two distinct target prices are provided, alongside a single stop-loss point.
- Meesho’s targets are set at Rs 202 and Rs 210.
- The recommended stop-loss for Meesho is Rs 192.
Policybazaar
Policybazaar rounds out the list of high-conviction ‘buy’ calls.
The financial services platform has a clear target and a defined stop-loss to guide trading decisions.
- Policybazaar’s target price is Rs 1,860.
- A stop-loss limit is advised at Rs 1,740.
These recommendations offer traders actionable insights, providing structured entry and exit points based on current market analysis.
The detailed price levels aim to support informed decision-making in navigating market volatility.