Anil Singhvi's top 3 stock picks: Buy or sell for profit this week

Indian stock markets opened in the green on Monday, July 21, but quickly lost momentum amid weak global cues and cautious sentiment. The Nifty 50 fell below the 24,900 level, dropping over 90 points in early trade. Analysts note that the technical structure of the market indicates further downside, with sectoral movements being driven primarily by Q1 earnings.

Despite overall weakness, stock-specific action remains in focus. Market expert Anil Singhvi has recommended three trading calls based on Q1 FY26 earnings — ICICI Bank, AU Small Finance Bank, and Union Bank of India.

ICICI Bank: Anil Singhvi gives Buy call after strong Q1 results

Market guru Anil Singhvi recommended a buy on ICICI Bank futures, citing solid earnings and consistent fundamentals.

Stop loss: Rs 1,413

Target 1: Rs 1,440

Target 2: Rs 1,455

The bank reported healthy asset quality and stable net interest margins (NIMs) in Q1 FY26. With just 1 per cent gain over the last three months, ICICI Bank shares have underperformed, making it a potential candidate for short-term upside.

AU Small Finance Bank: Sell call on profit booking

A sell recommendation has been given on AU Small Finance Bank futures, as Q1 earnings missed expectations.

Stop loss: Rs 804

Target 1: Rs 777

Target 2: Rs 768

Target 3: Rs 762

The bank reported lower-than-expected NIMs, despite a 35 per cent rally in the past three months. Singhvi pointed out that the stock has outperformed recently, and the disappointing results are likely to trigger short-term profit booking.

Union Bank of India: Weak earnings trigger sell call

Union Bank futures have also been placed on sell watch, following disappointing Q1 results across key metrics.

Stop loss: Rs 150

Target 1: Rs 142

Target 2: Rs 138

The bank delivered weak numbers on all performance parameters. Even though the stock has gained 16 per cent in three months, Singhvi expects a healthy correction after the earnings miss.

Market Outlook: Focus shifts to stock-specific opportunities

While the broader market remains range-bound and technically weak, traders are advised to focus on Q1 earnings-driven opportunities. Stocks like ICICI Bank, AU Small Finance Bank, and Union Bank are in focus for intraday and short-term trades.