Stocks to Watch Today on 12 August 2026: Bajaj Auto, Mazagon Dock Shipbuilders, and Finolex Cables - Top Analyst Picks With Technical Setups

The stocks to watch today on 12 August 2026 are Bajaj Auto, Mazagon Dock Shipbuilders, and Finolex Cables, identified by Univest analysts Ankit Jaiswal and Kunal Singla based on technical momentum signals, MACD readings, and market data as of the previous close. The stocks to watch today session begins with markets recovering from Tuesday's oil price-driven correction, and these three names stand out for their bullish technical configurations. Traders monitoring stocks to watch today should note that all three picks are in bullish SuperTrend territory with above-average volume signals supporting the setups.

Ankit Jaiswal, Senior Research Analyst at Univest, has flagged Bajaj Auto and Mazagon Dock among the stocks to watch today given their sustained upward momentum and MACD histogram readings. Kunal Singla, Associate Director at Univest, applied quantitative technical analysis to flag Finolex Cables as a key stock to watch today following an exceptional volume surge that signals significant institutional interest. Both analysts emphasise that stocks to watch today carry intraday and short-term trading risk and traders should always use defined stop losses.

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What Are Stocks to Watch Today?

Stocks to watch today are stocks flagged by technical and quantitative analysts each morning as having chart setups, volume signals, or momentum patterns that make them candidates for intraday or short-term trading. Stocks to watch today are not blanket buy recommendations but watchlist picks that traders screen for entry based on their own risk parameters, strategy, and market-direction assessment. The stocks to watch today list is refreshed each session based on previous close data, pre-market cues, and technical indicator readings across RSI, MACD, and SuperTrend models.

Today's Market Overview for 12 August 2026

• Nifty Direction: Markets are expected to open cautiously after Tuesday's 400-point Sensex decline driven by oil at $88.09/bbl; stocks to watch today should be assessed against this mixed opening backdrop.
• Key Sector: Auto, defence, and cables are in focus today with Bajaj Auto at a 52-week high, Mazagon Dock maintaining strong momentum, and Finolex Cables seeing extraordinary volume.
• VIX and FII Flows: FIIs were net buyers of Rs 1,974.76 crore on 10 August, providing support to large caps; stocks to watch today include two large-cap plays (Bajaj Auto, Mazagon Dock) and one mid-cap volume breakout (Finolex Cables).

Bajaj Auto – Stocks to Watch Today

Share Price Target: Rs 12,000 | Stop Loss: Rs 11,550 | CMP: Rs 11,717

Bajaj Auto is among the primary stocks to watch today with its RSI at 68.24, approaching but not yet in overbought territory, and a positive MACD histogram of 17.35 confirming continued buying momentum. The stock is trading comfortably above its 20-day SMA of Rs 11,210.78 and the SuperTrend indicator is bullish with support at Rs 10,994. Ankit Jaiswal notes that Bajaj Auto has been flagged for monitoring in the Rs 11,700 to Rs 12,000 band for today's session, with the 52-week high intraday level of Rs 11,863 acting as an immediate resistance to watch.

Bajaj Auto remains India's leading two-wheeler exporter with strong domestic retail volumes and premium segment momentum. Kunal Singla highlights that the MACD signal line at 360.57 versus the MACD line at 377.92 confirms positive divergence, suggesting Bajaj Auto merits watching for continuation above Rs 11,863 today. This is a trend-following setup and not a reversal play.

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Mazagon Dock Shipbuilders – Stocks to Watch Today

Share Price Target: Rs 2,650 | Stop Loss: Rs 2,490 | CMP: Rs 2,554

Mazagon Dock Shipbuilders is a high-conviction stock to watch today with an RSI of 78.41 indicating strong momentum and a MACD histogram of 31.31, the highest among today's watchlist. The stock is trading Rs 172 above its 20-day SMA of Rs 2,382.12, and the SuperTrend indicator is bullish with support at Rs 2,353.17. Ankit Jaiswal has flagged Mazagon Dock as a stock to watch today for breakout continuation toward the Rs 2,650 zone, with the SuperTrend upper band at Rs 2,720.56 providing a medium-term target.

Mazagon Dock is a government-owned shipyard with a strong defence order book from the Indian Navy. Kunal Singla notes that the combination of RSI above 75 and MACD histogram expanding positively makes this a momentum stock to watch today for traders with a defined stop below Rs 2,490. RSI at 78.41 does indicate caution for new long entries without a pullback, but momentum traders tracking this stock to watch today may find intraday dips toward Rs 2,520 as entry opportunities.

Download the Univest iOS App or Univest Android App to track Mazagon Dock and all stocks to watch today live with Univest market alerts.

Finolex Cables – Stocks to Watch Today

Share Price Target: Rs 1,280 | Stop Loss: Rs 1,165 | CMP: Rs 1,207.85

Finolex Cables is the standout volume story in today's stocks to watch today list after market data shows a massive surge in trading volume to approximately 88 lakh shares against a five-day average of around 3.5 lakh shares, a volume multiple of over 25 times. The RSI is at 75.91 and the MACD histogram is positive at 19.93, with the stock trading Rs 190 above its 20-day SMA of Rs 1,017.67. Ankit Jaiswal has flagged Finolex Cables as a volume-breakout stock to watch today, noting that institutional interest on this scale typically signals a significant catalyst is being priced in.

Kunal Singla notes that the MACD histogram crossing into positive territory at 19.93 from a negative signal line reading of -13.70 confirms a crossover event coinciding with the volume surge, a highly bullish combination for a stock to watch today. The stock touched a 52-week high of Rs 1,203.9 and is now trading above it at Rs 1,207.85, representing a 52-week breakout. Traders watching this stock today should note that the high RSI of 75.91 means the risk of a short-term pullback is elevated; a stop below Rs 1,165 is recommended for intraday positions in this stock to watch today.

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Intraday Trading Strategy for Stocks to Watch Today

• Use defined stop losses: Every stock to watch today listed above carries a specific stop loss. Traders should never enter without pre-defining the maximum acceptable loss for the session.
• Trade the opening range: Allow 15 to 30 minutes of market open before entering positions in stocks to watch today. The first candle often sets intraday direction.
• Follow the trend: All three stocks to watch today are in bullish SuperTrend territory. Trade with the trend, not against it. Avoid short positions in momentum stocks without clear reversal signals.
• Scale position size: High RSI levels (above 75) in stocks to watch today like Mazagon Dock and Finolex Cables suggest elevated risk of pullback. Scale positions accordingly and do not oversize trades in overbought stocks to watch today.

Risks of Trading Stocks to Watch Today

• Overbought RSI risk: Two of the three stocks to watch today have RSI above 75, meaning short-term profit-taking is possible. Traders should be prepared for intraday volatility in these stocks to watch today.
• Global macro risk: Elevated oil prices at $88.09/bbl and US-Iran tensions create a negative macro backdrop. Any escalation could drag down even technically strong today's watchlist picks.
• Execution risk: High-volume and fast-moving today's top picks like Finolex Cables can have wide bid-ask spreads at open. Use limit orders rather than market orders in these these stocks.

Conclusion

The the watchlist on 12 August 2026 are Bajaj Auto (RSI 68.24, target Rs 12,000), Mazagon Dock Shipbuilders (RSI 78.41, target Rs 2,650), and Finolex Cables (RSI 75.91, volume breakout, target Rs 1,280). Ankit Jaiswal and Kunal Singla at Univest have flagged these as the best today's watchlist picks based on technical setups using MACD, RSI, and SuperTrend data. All three today's top picks are in bullish trend configurations but carry above-average RSI readings that require disciplined stop-loss use. These are these stocks for intraday and short-term traders and should not be treated as long-term investment recommendations. Always consult a SEBI-registered financial advisor before acting on any the watchlist analysis.

Frequently Asked Questions

What are the best today's watchlist picks on 12 August 2026?

Ans. The today's top picks on 12 August 2026 include Bajaj Auto at Rs 11,717 with RSI at 68.24 and bullish SuperTrend, Mazagon Dock Shipbuilders at Rs 2,554 with RSI at 78.41 and strong MACD momentum, and Finolex Cables at Rs 1,207.85 which saw a significant volume surge. Ankit Jaiswal and Kunal Singla at Univest have flagged these as the top these stocks.

Which analysts are recommending the watchlist?

Ans. Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, have both flagged the today's watchlist picks for 12 August 2026. Ankit Jaiswal focuses on technical chart patterns and momentum signals while Kunal Singla applies quantitative and technical analysis to identify the best today's top picks in each session.

What is the target for Bajaj Auto as a stock to watch today?

Ans. Bajaj Auto is among the these stocks with a target in the Rs 11,950 to Rs 12,000 zone based on technical momentum. The 20-day SMA stands at Rs 11,210.78 and the SuperTrend support is at Rs 10,994. RSI is at 68.24 and the MACD histogram is positive at 17.35, confirming the bullish setup. A stop loss of Rs 11,550 applies for intraday trades.

Why is Mazagon Dock Shipbuilders in the the watchlist list?

Ans. Mazagon Dock Shipbuilders is in the today's watchlist picks list because RSI is at 78.41, MACD histogram is strongly positive at 31.31, and the stock is trading well above its 20-day SMA of Rs 2,382.12. The SuperTrend indicator is bullish with support at Rs 2,353. Kunal Singla has flagged Mazagon Dock in the today's top picks for its defence sector momentum and strong chart setup.

What does these stocks mean for intraday traders?

Ans. The watchlist are shares that analysts identify as having strong technical setups, momentum signals, or news catalysts that make them suitable for intraday or short-term trading in a given session. Today's watchlist picks are not buy recommendations but rather watchlist candidates that traders should monitor for entry and exit opportunities based on their own risk tolerance and trading strategy.