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📈 Intraday Stock Picks for May 2, 2025

1. Cochin Shipyard Ltd (COCHINSHIP)

• Buy Zone: ₹1,375–₹1,380

• Targets: ₹1,450 / ₹1,500

• Stop Loss: ₹1,275

• Rationale: The stock is trading well above its anchor VWAP support mark of ₹1,220–₹1,240, showing strong momentum. Immediate resistance is near ₹1,375; a breakout above this could lead to higher targets. ​Business Today

2. Bharat Heavy Electricals Ltd (BHEL)

• Buy Zone: Above ₹280

• Targets: ₹325 / ₹330

• Stop Loss: ₹265

• Rationale: The stock needs to display stability over the key level of ₹280 to enter a fresh breakout. Once above this level with strong volumes, it may rally towards the target zones. ​Business Today

3. NMDC Ltd

• Buy Zone: ₹225–₹230

• Targets: ₹253

• Stop Loss: ₹215

• Rationale: The stock is trading at attractive valuations with potential volume growth depending on incremental approvals in environmental clearances. ​Business Today+1Reuters+1

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🏗️ Additional Stocks to Watch

4. Tata Motors

• Buy Zone: ₹640–₹645

• Targets: ₹660 / ₹670

• Stop Loss: ₹630

• Rationale: Reported strong sales in April 2024, with domestic and international sales at 77,521 vehicles, up from 69,599 units in April 2023. ​Business Today+1khelja.in+1Business News India

5. Wipro

• Buy Zone: ₹460–₹465

• Targets: ₹480 / ₹490

• Stop Loss: ₹450

• Rationale: Secured a multi-million-dollar deal with Nokia to overhaul the employee service desk, which could positively impact stock performance. ​The Times of IndiaBusiness News India

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