Stock market recommendations: Infosys has been recommended as a top buy call by Somil Mehta, Head of Retail Research at Mirae Asset ShareKhan on June 2, 2026. The expert has recommended DLF, and Cholamandalam Investment and Finance Company as sell calls. Target prices, stop loss and ranges have been shared.DLF: Sell in the range between Rs 578 & Rs 579; Stop Loss: Rs 602; Target: Rs 550On the weekly timeframe, the stock is facing rejection from the 200‑week exponential moving average. On the daily chart, it shows a consolidation breakdown and has closed below the 20‑ and 40‑day EMAs. Momentum indicators are giving a negative crossover, signalling weakness. Key resistance is at 600, while support lies at 565.Infosys: Buy in the range between Rs 1203 & Rs 1204; Stop Loss: Rs 1150; Target: Rs 1270The weekly chart indicates a base formation in the demand zone. On the daily chart, the stock is forming higher tops and higher bottoms, along with an inverted head‑and‑shoulders pattern. It is closing above the 20‑day EMA, and momentum indicators are showing a positive crossover, reflecting strength. Key resistance is at 1238, while support is at 1165.Cholamandalam Investment and Finance Company: Sell in the range between Rs 1494 & Rs 1495; Stop Loss: Rs 1552; Target: Rs 1420The weekly chart shows multiple rejections from the 20‑ and 40‑week exponential moving averages. On the daily chart, the stock is forming lower tops and lower bottoms below short‑term averages. On the downside, it is closing within a gap area, and momentum indicators are giving a negative crossover, signaling weakness. Key resistance is at 1530, while support is at 1470.(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.)
