Stock market recommendations: Bharat Electronics and RBL Bank are the best stocks to buy on September 12, 2025, according to Bajaj Broking Research. Its opinions on the Nifty and Bank Nifty are as follows:
View of the Index: NIFTY
For the third consecutive week, benchmark indexes continued their upward trend, supported by the US Federal Reserve’s interest rate decrease and confidence about the outcome of the trade talks between the US and India. Rekindled optimism for an early trade deal between the US and India was one of the rally’s main motivators.
Both sides’ officials characterized the most recent round of negotiations as “constructive” and “forward-looking,” which increased optimism about the likelihood of a successful conclusion. Investors, who view improved trade relations with the US as a boon to business profits and economic growth, were especially pleased by this development.
It has only taken 12 weeks for the Nifty to retrace 38.2% of its previous 12-week rise (21744-25669). Overall strength is indicated by a shallow retracement.
The 20-day Exponential Moving Average (EMA) has crossed above the 50-day EMA, indicating a bullish crossover in the index. a traditional trend-following indication that usually signals an increase in upward velocity. This crossing indicates that purchasing interest is increasing and represents a change in the medium-term market attitude. This type of development frequently signals the beginning of a long-term upward trend. The near-term bias is anticipated to be positive as long as the shorter-term EMA keeps rising above the longer-term EMA.
Over the past three weeks, the Nifty has risen 1000 points, pushing the daily stochastic oscillators into overbought territory. Therefore, it is impossible to rule out some consolidation around the 25,550–25,100 level in the upcoming week.
The index entries In the upcoming months, the consolidation is probably going to continue its main upward trend and go towards 25,900 levels, which is the external retracement of the previous two months’ loss by 123.6% (25,669-24,338).
We think drops present opportunities to purchase high-quality big and midcap equities, and the overall structure is still positive. The levels of 25,100–24,900, which represent the 50% retracement of the most recent uptrend and the 20-day EMA, provide immediate support. Short-term support is situated between 24,700 and 24,600.
NIFTY BANK
For the third consecutive week, the Bank Nifty continued its upward trajectory. This increasing trend is a reflection of improving investor optimism in the face of positive macroeconomic and geopolitical indicators.
In its FOMC meeting on Wednesday, the US Federal Reserve cut interest rates by 0.25% for the first time in nine months. The Fed believes that two more rate cuts are necessary this year because concerns about the labor market softening, which poses a threat to the economy, outweigh worries about inflation continuing to rise above its target.
Over the past three weeks, the Bank Nifty has increased by over 2000 points, retracing 61.8% of the total fall (57628-53562). Since the daily stochastic oscillator has been close to overbought territory, some consolidation in the 56,000–54800 region cannot be ruled out.
After the pullback, the index is probably going to start rising again and go toward 56,700 levels in the upcoming months.
The 20- and 100-day EMAs provide immediate support at 54,800 levels on the downside. important support is situated at 54000 levels, however the current pullback’s important retracement and previous week’s bottom are confluent.
Stock Recommendations:
Bharat Electronics
Buy in the range of Rs 405.00-413.00
| Target | Return | Time Period |
| Rs 467 | 14% | 6 Months |
On the weekly timescale, BEL is still exhibiting a classic higher-high, higher-low pattern, which supports the main upward trend. The price action is still comfortably above important short- and long-term moving averages, suggesting that the trend is strong and has a continuous positive undertone.
With prices grabbing confluence support at the 21-week EMA, which is now trading close to ₹375, the stock has decisively broken over the declining trendline resistance, confirming the continuous bullish pattern.
BEL is well-positioned to continue its higher trajectory in the direction of the next Fibonacci price extension goal, according to the current bullish structure. Based on the previous swing move, we predict that the stock will rise towards ₹467, or the 138.2% Fibonacci extension level. As long as the stock retains support above the 21-week EMA, this forecast supports the idea of continuing upward potential and is consistent with the current major uptrend.
RBL Bank
Buy in the range of Rs 267-273
| Target | SL | Return | Time Period |
| Rs 296 | 257 | 10% | 1 Month |
The rising trendline connecting earlier significant lows and the stock building a base at the 20-day EMA indicate strength and the continuation of the upward trend.
Since the price parity of the previous up move (243-279) is predicted from the current low of 262, we anticipate that the stock will continue its upward trend and advance towards 296 levels in the upcoming month. The stock’s upward bias is confirmed by the daily 14-period RSI, which is about to produce a bullish crossing above its 9-period average.
Disclaimer:
The stock market insights and investment recommendations shared by market experts are solely their personal opinions. Business Connect does not endorse or take responsibility for these views.
Q1. Which are the top stock recommendations for September 12, 2025?
According to Bajaj Broking Research, the top stock picks are Bharat Electronics (BEL) and RBL Bank.
Q2. What is the target price for Bharat Electronics (BEL)?
BEL is recommended in the range of ₹405–₹413 with a target of ₹467, offering an estimated return of 14% in 6 months.
Q3. Why is Bharat Electronics considered a good buy?
BEL is showing a strong higher-high, higher-low pattern on weekly charts. It has broken above trendline resistance, is trading above key moving averages, and is expected to reach the 138.2% Fibonacci extension level.
Q4. What is the target price for RBL Bank?
RBL Bank is recommended in the range of ₹267–₹273 with a target of ₹296 and a stop-loss at ₹257, offering an estimated return of 10% in 1 month.
Q5. Why is RBL Bank a recommended stock?
RBL Bank is building a base at its 20-day EMA and showing strength from a rising trendline. Technical indicators like the 14-period RSI are turning bullish, supporting upward momentum.
Q6. What is Bajaj Broking’s view on the NIFTY index?
NIFTY continues its upward trend, supported by positive global cues and strong domestic sentiment. Experts expect consolidation around 25,550–25,100, with potential upward movement toward 25,900 levels.
Q7. What is Bajaj Broking’s outlook on Bank NIFTY?
Bank NIFTY has retraced 61.8% of its fall and is expected to consolidate in the 56,000–54,800 range before resuming its upward move towards 56,700 levels.
Q8. Should investors buy on dips in the current market?
Yes. Bajaj Broking suggests that market dips present opportunities to buy quality large and mid-cap stocks, as the overall market structure remains positive.
Q9. What supports are important for NIFTY and Bank NIFTY?
NIFTY Support Levels: 25,100–24,900 (short-term), 24,700–24,600 (immediate).
Bank NIFTY Support Levels: 54,800 (immediate), 54,000 (major support).
Q10. Are these stock recommendations risk-free?
No. These recommendations are based on technical and market analysis. Investors should consider risks, use stop-loss levels, and consult financial advisors before investing.
