Angel One Stock Picks: Siemens, Laurus Labs, BHEL Buy (Aug 28)
By ThePip Desk
Angel One’s Hitesh Rathi recommends buying Siemens, Laurus Labs, and BHEL on August 28, 2026, citing strong technical indicators and potential uptrends. Details inside.
Technical analyst Hitesh Rathi from Angel One has issued buy recommendations for Siemens, Laurus Labs, and BHEL for August 28, 2026. These selections are based on specific technical analysis patterns indicating potential uptrends.
Siemens: Bullish Structure Confirmed
Siemens is positioned for a resumed uptrend despite a recent minor price correction. Its overall bullish structure remains intact, supported by key technical indicators.
- Recommended buy range: Rs 4090-4085
- Stop loss: Rs 3860
- Target: Rs 4620
- Technical confirmation: Bullish Double top buy on medium-term Point and Figure chart, bullish two-back breakout on Daily Renko charts.
Laurus Labs Outperforms Nifty 500
Laurus Labs demonstrates strong bull control and is set to continue its uptrend, significantly outperforming the NIFTY 500 index. Momentum indicators reinforce this positive outlook.
- Recommended buy range: Rs 1929-1925
- Stop loss: Rs 1776
- Targets: Rs 2050-2060
- Technical confirmation: Bullish Super pattern on Daily Point and Figure chart, 14-day RSI above 60.
BHEL Shows Emerging Demand Post-Consolidation
After two months of consolidation, BHEL indicates a shift towards buyers, with its long-term bullish structure holding firm. Recent chart patterns suggest a risk-controlled entry point.
- Recommended buy range: Rs 433-430
- Stop loss: Rs 399
- Targets: Rs 450-460
- Technical confirmation: Bullish column reversal on Daily Point and Figure charts, Daily Renko charts show price consolidation with higher bottoms.
Investors should note that these recommendations reflect the experts’ analysis and do not represent the official views of The Times of India.