Stocks to Buy Today, Jan 29: DLF share price formed an Inverted hammer candlestick pattern on January 27, 2025
Technical charts show that the large-cap IT stocks can fall up to 14% from present levels, while the Nifty IT index can shed another 6%.
Stocks to Buy: Zensar Technologies share price has been consolidating over the past few months but has relatively outperformed the market during this period
Silver looks vulnerable as industrial commodities are under pressure on Trump's tariff threats
Gold is looking somewhat overstretched at the current level as the US economy continues to do well amid sticky inflation and strong job market
Short covering is seen in the IRCTC Futures, where we have seen 3 per cent fall in the open interest with price rising by 3 per cent
Bajaj Finserv stock has shown a relative outperformance to the broader markets in last few days and has now given a breakout from a consolidation phase
Stocks from manufacturing and outsourcing hubs stand to benefit under the China Plus One strategy; Technical chart shows that shares of Amber, Aurobindo and others can rally up to 33% from here on.
IOC stock price has formed a bullish 'hammer' candlestick pattern on the weekly chart. Stock price has surpassed 5 and 10 DMA resistance
Technical charts show that Paytm is seeking support around its key moving averages on the daily and weekly scale; while Zomato is on the verge of a negative breakout on the weekly scale.
Bajaj Finserv stock has broken out of a flag and pole pattern on the daily chart with a large bodied bullish candle suggesting strength. The RSI indicator is rising which confirms the upward momentum
Vodafone Idea stock is expected to trade with a favourable bias in the near-term as long as the stock holds above Rs 9.50 - Rs 9.35 support zone, suggests the technical charts.
Technical charts show that HCL Technologies, TCS, Infosys and Tech Mahindra shares could fall up to 8% from here on; while, Wipro can potentially rally by another 11%. Check key levels here
The Nifty50 Index closed with an absolute doji on the weekly charts, signaling a potential end to the ongoing corrective phase
KEC International has been into a secular uptrend, hovering well above all its significant EMAs on the daily time frame chart structure
Reliance has formed a triple bottom pattern near the Rs 1230 zone, accompanied by bullish divergence on the RSI daily chart, signalling a potential trend reversal
Silver trading strategy: Support is at $30 (Rs 90,200)/$29.60 (Rs 89,000). Resistance is at $31.10 (Rs 93,400)/$31.50 (Rs 94,600)/$31.85 (Rs 95,600)
Gold rate in share market: Recovery in gold prices is being driven primarily by a sharp decline in the US yields and a retreat in the US Dollar Index
Bank Nifty Today: The short-term trend in Nifty Bank has turned positive as the index price has crossed its 5-day EMA
PVR Inox, Lodha, Glaxo, MRF and Astral are trading in oversold zone. Technical charts show these stocks can gain up to 33% from present level, or fall by another 19%; here's why.