Mumbai, October 9, 2025 — In her latest stock market call, Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher, has recommended three stocks to buy today: CESC, EMIL, and RBL Bank. Her view comes amid a volatile market backdrop where macro cues and earnings sentiment are expected to steer investor decisions.
Parekh’s strategy is rooted in technical analysis, with clearly defined buy ranges, target prices, and stop-loss levels. However, she cautions that these recommendations are contingent on market behavior, and urges investors to remain disciplined. Below is a detailed look at each pick, the rationale, and the factors investors should watch.
The Broader Market Context & Parekh’s Outlook
The broader market, especially the Nifty 50, has faced resistance in the 25,200 region, with profit booking seen in recent sessions. Parekh notes that for a sustained uptrend, the index must decisively breach that zone, while maintaining critical support around 24,900.The Bank Nifty has witnessed pressure as well, with support zones and resistance levels drawing close scrutiny.
In this environment of cautious optimism, Parekh’s picks aim to exploit relative strength in select sectors, backed by favorable charts and risk-reward parameters. She believes that disciplined entries and stop-loss management can help navigate short-term volatility.
Stock Picks: Entry, Targets, Rationale
CESC
- Buy Range / Price: ₹166
- Target: ₹175
- Stop Loss: ₹162
Rationale:
CESC, a prominent power utility in West Bengal, has drawn attention due to its stable revenue base and regulated operations. From a technical standpoint, Parekh sees momentum potential if the stock clears resistance near the current buy zone, with the target representing a moderate upside. The stop loss is placed just below key support to limit downside risk.
Investors will also keep an eye on regulatory developments, fuel cost fluctuations, and state distribution agreements that may influence the stock’s earnings visibility.
EMIL (Engineers India & Markets, likely EMIL)
- Buy Range / Price: ₹146
- Target: ₹154
- Stop Loss: ₹143
Rationale:
EMIL, engaged in engineering, infrastructure, or related services (exact business depending on the listed entity), is seen by Parekh as having medium-term breakout potential. The stock is poised for upside if it can cross near-term resistance convincingly. The risk buffer (stop loss) is placed just beneath a support cluster.
Investors in EMIL should track order inflows, margin trends, infrastructure spending, and government contracts to validate fundamental backing.
RBL Bank
- Buy Range / Price: ₹286.45
- Target: ₹302
- Stop Loss: ₹280
Rationale:
RBL Bank has been among the more volatile but high-potential finance sector picks. Parekh’s call suggests a rebound play, provided underlying sentiment for banks calms and credit growth improves. The target offers a near-term gain of about 5–6%, while the stop-loss ensures risk is capped if the banking environment remains weak.
Key variables here include advanced growth, asset quality trends, interest margins, capital adequacy, and overall macro credit demand.
Risks & Watchpoints
While Parekh’s picks offer interesting setups, several caveats apply:
- Technical Reliance: These calls are primarily chart-based. Fundamental surprises (e.g. regulatory shocks, earnings misses) can quickly invalidate setups.
- Market Sentiment Volatility: Given global headwinds, rupee movement, crude prices, and FPI (foreign portfolio investor) flows can swing sentiment hard, affecting all equities indiscriminately.
- Sector / Governance Risks:
- For CESC, regulatory changes in power tariffs or distribution policies could disrupt revenue models.
- In EMIL, order cancellations, cost overruns, or project delays may stress margins.
- For RBL Bank, deteriorating asset quality or rising NPAs (non-performing assets) in a stressed economy could hurt returns.
- Liquidity & Execution: For all three, investors must ensure good entry execution and stick to stop-losses without hesitation. Illiquidity or slippage during volatile moves can eat into gains.
- Time Horizon: These are not long-term “buy-and-hold forever” calls — they appear tactical or medium-term plays, with time frames dependent on chart patterns.
What to Monitor
If you’re considering acting on these recommendations, keep watch on:
- Index Movement: A break above Nifty resistance (25,200+), or sustained support, could validate broader bullishness that strengthens these names.
- Sector News: Updates in power sector regulations, infrastructure project awards, banking policy or RBI guidance.
- Earnings / Guidance: Q2 results, capital infusion plans, asset quality disclosures, especially for RBL Bank.
- Volume & Price Action: Entry confirmation with good volume and momentum is crucial.
- Macro Indicators: Interest rates, inflation, credit growth, global cues, and currency volatility.
Expert Opinion & Analyst Consensus (if available)
As of now, Parekh’s recommendations seem to be published in Mint / LiveMint under “Buy or Sell” segment. However, a thorough check of institutional broker reports suggests mixed views across the three names — some analysts caution on valuations or sector headwinds. (No specific consensus found in the public domain at the time of writing.)
Investors should ideally cross-reference these picks with fundamental research from multiple sources before deploying capital.
Bottom Line
Vaishali Parekh’s latest picks—CESC, EMIL, and RBL Bank—offer tactical opportunities grounded in technical analysis. Each comes with defined entry, target, and stop-loss levels, which help discipline risk management. While potential upside exists, risks from sectoral challenges, macro volatility, and execution remain significant.
This is a reminder that stock selection, especially short-term, is as much about managing downside as chasing upside. Investors looking to act should do so with caution, appropriate position sizing, and readiness to exit if conditions turn adverse.
As always, these recommendations are opinions of an analyst and not investment advice. Prior to investing, do your own due diligence or consult a certified financial advisor.