Yes Bank, The South Indian Bank, Hindustan Construction, Bajaj Hindusthan Sugar and Take Solutions, which currently trade below ₹50-mark, can potentially zoom up to 42%, suggest technical charts.
Technically, Persistent Systems seems to be favourably placed among these 3 IT peers, with the stock now seen quoting above its 200-DMA for the first time in nearly three months.
Technical charts suggest that shares of prominent consumer electronics makers - Blue Star Company, IFB Industries and Amber Enterprises can potentially rally up to 27% from here.
Despite global headwinds and subdued returns in Samvat 2081, analysts expect the coming year to offer selective opportunities across banking, consumption, infrastructure, and technology themes.
Tata Steel, Tata Chemicals, Tata Communications, Tata Investment and Nelco look favourably placed on the charts, and can potentially surge up to 26% from here.
Stocks to buy today: ICICI BANK has experienced a significant correction, dropping below its short-term EMA and entering oversold territory
Religare Broking's Ajit Mishra continues to maintain a 'buy on dips' strategy and recommends focusing on opportunities with a favourable risk-reward setup
Systematix values the Inox India stock at 48x FY27E EPS of ₹34.09 per share and arrives at a target price of ₹1,636
The longer-term chart suggests that the overall trend for TCS is likely to remain subdued as long as the stock trades below ₹3,450 levels; on the downside it can crack up to ₹2,655 levels.
On an average, Suzlon and Transformers and Rectifiers (India) have delivered 48 per cent and 52 per cent gain in the last 5 December quarters, shows historical data.
Technical charts show that select pharma stocks are trading with a negative bias and can tumble up to 19% from here. Granules India, however, looks strong on chart and can rally up to 19%.
Near-term support for the Nifty is now established around 24,900, while the level of 25,220 is expected to offer immediate resistance, HDFC Securities' Vinay Rajani said
Hindustan Copper stock is seen trading close to its key monthly trend line resistance, hence one needs to be cautious as the stock rises further; suggests charts.
Infosys, TCS, HCL Technologies and Tech Mahindra are scheduled to announce Q2FY26 results in the next 10 days; here's a technical check on these 4 IT shares.
Technical charts flag up to 22% downside risk for PSU bank shares such as Indian Overseas Bank, Uco Bank, Central Bank of India and Punjab & Sind Bank as government stake sale buzz looms.
Smallcap shares Sky Gold, Voltamp Transformers, Blue Jet and Eimco Elecon shed up to 23% last month as promoters pared stake; Yes Bank, however, surged 11%. Here's a technical outlook on these stocks.
A majority of Tata group stocks including TCS, Tata Elxsi, Trent, Voltas and 6 others have declined over 22% so far this year. Here are 3 Tata group stocks that can gain up to 28% going ahead.
Epack Durable share price: YES Securities values the company at 30x FY28EPS and arrives at a target price of ₹545
Recent order wins; strong Q1 show has triggered a sharp rally at Netweb Technologies counter. Technical charts hint that the stock can potentially gain another 15% from here.
Voda Idea is seen trading consistently above the 200-DMA after a gap of more than 1 year; a weekly close above ₹8.26 shall further strengthen the stock, suggest technical charts.