September 1 Stock Picks: Buy Indusind Bank, CAMS, Dixon; Sell Patanjali

Somil Mehta, Head of Retail Research at Mirae Asset ShareKhan, has issued specific stock recommendations for September 1, 2026. The recommendations include ‘buy’ calls for Indusind Bank, Computer Age Management Services (CAMS), and Dixon Technologies (India), alongside a ‘sell’ call for Patanjali Foods.

Indusind Bank: A Buy Call

Indusind Bank is recommended as a ‘buy’ based on its technical indicators. Mehta advises executing the trade within a precise range, targeting a higher level while managing downside risk.

• Buy Range: Rs 1016-1017
• Stop Loss: Rs 980
• Target: Rs 1060

Technical analysis reveals a descending trendline breakout on the weekly chart, complemented by a higher top, higher bottom pattern on the daily chart. The stock finds support from the 40-day EMA and lower Bollinger band, with positive momentum indicators suggesting sustained buying interest.

Patanjali Foods: A Sell Recommendation

Conversely, Patanjali Foods has been identified as a ‘sell’ opportunity by the research head. The recommendation comes with defined entry and exit points to limit potential losses.

• Sell Range: Rs 346-345
• Stop Loss: Rs 357
• Target: Rs 329

The stock exhibits a lower top and lower bottom formation on the weekly chart, trading below the 78.60% retracement from a 270 swing low. Daily charts show weakness with multiple rejections from the 20 DEMA and a range breakdown, alongside a negative crossover in momentum indicators.

Computer Age Management Services (CAMS) Sees Buy Signal

Computer Age Management Services (CAMS) is another ‘buy’ recommendation from Mirae Asset ShareKhan. The stock has demonstrated robust support levels, signaling potential for upward movement.

• Buy Range: Rs 782-783
• Stop Loss: Rs 750
• Target: Rs 824

CAMS shows strength with multiple supports from the 20 and 40 Weekly Exponential Moving Averages. The daily chart indicates support from the 200 DEMA for the fourth time and a Hammer candlestick pattern, suggesting strong support at lower levels. The RSI’s positive crossover further supports improving momentum.

Dixon Technologies (India): Strong Uptrend Continues

Dixon Technologies (India) receives a ‘buy’ recommendation at its current market price, positioned within a strong uptrend. The analysis points to continued consolidation near recent highs.

• Recommendation: Buy at current market price
• Stop Loss: Rs 14390 (on a closing basis)
• Target: Rs 14400 – 14800

The stock maintains a strong uptrend, consolidating near its recent highs around 14850, and remains well above its 40-day EMA and 200-day moving average. A decisive breakout above the recent swing high of 15000 could initiate the next phase of the uptrend.