Stocks to buy: What’s the outlook for Nifty for the week starting December 1, 2025? Check list of top stock recommendations

Top stocks to buy (AI image)

Stock market recommendations: According to Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities, the top stock picks for this week are 360 ONE WAM, and Mahindra & Mahindra (M&M). Here’s his view on Nifty, Bank Nifty for the week starting December 1, 2025:Nifty View:Nifty has finally shattered its 14-month barrier, setting a new all-time high and delivering its strongest-ever weekly and monthly close. This milestone gives bulls every reason to cheer. The rally wasn’t limited to the benchmark alone—Nifty Bank, Nifty Private Bank, Nifty Financial Services, Nifty Auto, and Nifty Infra also scaled record highs, reaffirming that leadership sectors remain firmly in control and continue to march ahead with confidence.Yet, beneath the headline optimism, the broader market tells a different story. While the Nifty Midcap 100 managed to notch a fresh peak, the move was driven by select stocks, signalling narrow participation. In contrast, the Nifty Smallcap 100 slipped for the second straight week and continues to trade below its 20, 50, and 100-day EMAs, reflecting caution and lack of momentum in the smallest segment of the market.The big question now: will the broader market join the rally? Based on current chart structures, meaningful participation from small caps appears unlikely in the near term. Expect the uptrend to remain selective, with sector rotation and stock-specific moves driving gains.Going ahead, Nifty is likely to maintain its upward bias and test 26500, followed by 26800 in the short term. On the downside, the 20-day EMA zone of 25950–25900 should act as a key support in case of any pullback.Bank Nifty ViewBank Nifty continues to lead the market narrative with its remarkable strength. The index not only scaled a fresh all-time high last week but also posted gains for the fourth straight week, reaffirming the dominance of the ongoing bullish trend in the banking space.From a technical perspective, the momentum remains solid. The RSI across all major timeframes is firmly in the super-bullish zone and trending higher, signalling strong buying interest. On the weekly chart, Bank Nifty closed above the upper Bollinger Band, a rare and powerful indication of sustained upside momentum. Other key indicators echo this bullish setup, leaving little doubt about the prevailing strength.Going ahead, the index appears well-positioned to extend its northward march, with immediate targets at 60300, followed by 61000 in the short term. On the downside, the 58800–58700 zone, which coincides with the 20-day EMA, will act as a critical support in case of any pullback. With technical charts clearly favouring the bulls, Bank Nifty is likely to remain the driving force behind the market’s upward trajectory.

Stock recommendations:

360 ONE WAM360 One WAM has recovered steadily after taking strong support near its 200-day EMA zone of 1,060–1,050, with the price now trading above key short-term moving averages and closing above the upper Bollinger Band for two straight sessions. The rising MACD histogram, along with the MACD line positioned well above the zero line, indicates strong bullish momentum and a firmly positive trend.On the weekly chart, the stock has also delivered a downward-sloping trendline breakout supported by rising volumes over the past two weeks. Overall, the technical structure and indicator setup point toward the likelihood of further upside. Hence, we recommend to accumulate the stock in the zone of 1185-1175 with a stoploss of 1140. On the upside, it is likely to test the level of 1260 in the short term.M&MM&M hovered around its 20-day EMA for the past three sessions before witnessing strong buying on Friday accompanied by rising volumes. This successful hold of the 20-day EMA reinforces that the short-term uptrend remains intact. In the ADX indicator, the DI lines are widening, indicating strengthening directional momentum. Meanwhile, the RSI has moved above 60 and settled above, signalling increasing bullish strength.With supportive price action, improving momentum, and buyers regaining control at key support levels, the stock appears well-positioned for further upside in the near term. Hence, we recommend to accumulate the stock in the zone of 3760-3730 with a stoploss of 3600. On the upside, it is likely to test the level of 4020 in the short term.(Disclaimer: Recommendations and views on the stock market, other asset classes or personal finance management tips given by experts are their own. These opinions do not represent the views of The Times of India)