Stock picks for July 16: Anant Raj, Sobha, PNB Housing

Anant Raj, Sobha Ltd, and PNB Housing Finance are top stock buys for July 16, 2026, per Aakash K Hindocha of Nuvama Professional Clients Group.

Anant Raj BUY: LCP 573, Stop Loss 545, Target 650; driven by 18-month trendline breakout and 200 DMA crossover.

Sobha Ltd BUY: LCP 1490, Stop Loss 1425, Target 1650; strong 2-year breakout and 200 DMA crossover signal trend reversal.

PNB Housing Finance BUY: LCP 1104, Stop Loss 1065, Target 1200; highest weekly close in 21 months with bullish structure.

Nifty range likely 23800-24250, with short covering above 24300; Bank Nifty support at 57250, upside to 58000/58500.