Stock market recommendations: Aarti Industries, and Blue Star are the top stocks to buy today on October 16, 2026 as picked by Hitesh Rathi, Technical Analyst (Equity & Derivatives) at Angel One. The analyst has also identified Craftsman Automation as a sell call. Below are the details:Buy Aarti Industries at Rs 505-503; Stop Loss: Rs 459; Target: Rs 571-575AARTIIND has found support near its 20-DSMA, following an intermittent profit booking, after the stock triggered a reversal. The stock is now indicating a price breakout from its ongoing consolidation, having previously taken support near its 200-DSMA.At the same time, the stock is also hinting towards an exhaustion to the downside, indicated by the formation of consecutive weak breakdown on its 1% P&F chart. The formation of a bearish pattern reversed pattern on the same time frame chart, points towards a shift in control towards buyers.A bullish crossover on the 14-day RSI, accompanied by a range consolidation on the RSI, suggest that the stock also has strong tailwinds of momentum behind it.Buy Blue Star at 1592-1590; Stop Loss: Rs 1515; Target: Rs 1678-1680BLUESTAR after taking support near its prior sacrosanct support zone in the 1530-1500 band, confirming the presence of strong demand at a lower level, has triggered a bullish consolidation breakout on its candlestick charts.A bullish crossover of the 20-EMA over its 50 EMA, suggests an improvement in short term bullish momentum. A quick glance on the technical set up, on the P&F charts as well, indicates a shift in control towards buyers, highlighted by the formation of multiple bullish anchor columns, and a follow through buy above the recent swing highs.With price now moving above its 10-column moving average on both 0.25% & 1% P&F charts, point towards an improvement in technical set up.Sell Craftsman Automation at Rs 10940-10930; Stop Loss: Rs 10600; Target: Rs 11400-11500CRAFTSMAN remains in a strong uptrend, and the recent decline driven by profit booking offers an attractive risk-adjusted opportunity to enter an uptrend stock. The stock has found support near its 89-EMA, while also reclaiming its 20-EMA, indicating that the prior uptrend is now likely to resume after the recent decline.On the P&F charts as well, a bullish 100% pole, followed by a follow through anchor column, above its 10-column SMA, provides further evidence of the resumption of the prior uptrend.(Disclaimer: Recommendations and views on the stock market, or any other asset classes or personal finance management tips given by experts and analysts are their own. These opinions do not represent the views of The Times of India.)
