ACC Ltd & Colgate Palmolive; Top stock picks for Friday

As the market gears up for Friday trading, Osho Krishan, Senior Analyst at Angel One, has shared two promising stock recommendations for investors: ACC Ltd and Colgate Palmolive (India) Ltd.

1. ACC Ltd

ACC has been on a strong upward trajectory, gaining nearly 200 points over the past few weeks. What’s more encouraging is the rise in average trading volumes, which indicates growing investor interest. The stock has also broken past its 51-day Exponential Moving Average (DEMA), a key technical milestone, after a prolonged time.

Adding to the bullish sentiment, the 14-period Relative Strength Index (RSI) has surpassed its previous swing high—further confirming strong momentum.

Recommendation:

✅ Buy around ₹1,980–1,960

🛑 Stop Loss: ₹1,870

🎯 Target: ₹2,150

2. Colgate Palmolive (India) Ltd

After months of a downward trend, Colgate is showing signs of recovery. The stock has recently edged closer to its 50-day DEMA, which could be an early signal of a potential trend reversal. This movement is backed by solid trading volumes, and the 14-period RSI forming a “higher high” reinforces the positive outlook.

Recommendation:

✅ Buy around ₹2,500

🛑 Stop Loss: ₹2,400

🎯 Target: ₹2,700

Disclaimer: These recommendations reflect the views of the analyst. Investors are advised to consult certified financial advisors before making any investment decisions.