Stocks to buy: Two stock recommendations from MarketSmith India for today - 29 January
Trending News
1 month, 3 weeks ago

Stocks to buy: Two stock recommendations from MarketSmith India for today - 29 January

Live Mint  

Nifty50, India's benchmark index, snapped its two-day losing streak and closed 128 points higher at 22,957.25 on Tuesday. According to O'Neil's methodology of market direction, we shifted the market status to a ‘downtrend’ on Monday, as Nifty breached its recent correction low of 22,976. According to O'Neil's methodology of market direction, we downgraded the market status to an ‘uptrend under pressure’ on Monday as Nifty Bank breached its current support level of 48,300 with an elevation in distribution days. Moving forward, the recent low, 47,898.35, is a key level to watch as we may shift the market status to a Downtrend when the index breaches it. Stocks recommended by MarketSmith India: Axis Bank Ltd: Current market price ₹ 983.80| Buy range ₹ 965–990| Profit goal ₹ 1,140| Stop loss ₹ 930| Timeframe 1–2 months DLF Ltd: Current market price ₹ 726.75 | Buy range ₹ 710–730| Profit goal ₹ 805| Stop loss ₹ 688| Timeframe 1–2 months Disclaimer: The views and recommendations given in this article are those of individual analysts.

History of this topic

Markets rebound in early trade amid foreign fund inflows
11 hours, 56 minutes ago
Sensex, Nifty close higher: Top gainers and losers, tariff impact and key drivers
18 hours, 19 minutes ago
Stock market on March 27: What to expect from Sensex, Nifty today?
18 hours, 19 minutes ago
Stock Market Today: Sensex, Nifty Snap 7-Day Winning Run; Nifty Slips Below 23,500
Top News
1 day, 7 hours ago
Top Gainers and Losers today on 26 March, 2025: Indusind Bank, Trent, Ntpc, Tech Mahindra among most active stocks; Check full list here
1 day, 7 hours ago
Sensex, Nifty 50 end lower as investors book profits after 7-day rally; small-caps bleed—10 key highlights
Trending News
1 day, 7 hours ago
Reliance Power share price surges 11% in a weak market. Do you own?
Trending News
1 day, 12 hours ago
Markets give up early gains; trade lower amid profit-taking
1 day, 12 hours ago
Sensex, Nifty 50 today: Stock market opens flat with the broader market in the red
Top News
1 day, 14 hours ago
Intraday stocks for today under ₹100: Experts recommend four shares to buy or sell on Wednesday — 26 March 2025
1 day, 16 hours ago
Nifty 50, Sensex today: What to expect from Indian stock market in trade on March 26?
Top News
1 day, 16 hours ago
Buy or sell: Vaishali Parekh recommends three stocks to buy today — 26 March 2025
1 day, 16 hours ago
Sensex down 700 points: Why is stock market down despite FII buying, GDP growth?
1 day, 18 hours ago
Sensex tumbles over 700 points, Nifty settles below 23,500; IndusInd Bank up 3%
1 day, 18 hours ago
Stock market closing: Top gainers and losers on Sensex, Nifty
1 day, 18 hours ago
Stock Market Today: Sensex Closes Flat, Nifty Below 23,700
2 days, 7 hours ago
Sensex ends flat; investors lose ₹3 lakh crore in a day— 10 key highlights of Indian stock market today
2 days, 8 hours ago
Shares to buy or sell: Riyank Arora of Mehta Equities suggests these three stocks to buy or sell in short term
2 days, 12 hours ago
Sensex, Nifty rally in early trade on foreign fund inflows
2 days, 13 hours ago
FPIs are coming back to Indian stock market after months of outflows. 5 key reasons behind the change in trend
2 days, 13 hours ago
Sensex, Nifty 50 today: Stock market opens green with IT, telecom, and real estate lead rally
Top News
2 days, 14 hours ago
Nifty 50, Sensex today: What to expect from Indian stock market in trade on March 25
2 days, 16 hours ago
Buy or sell: Vaishali Parekh recommends three stocks to buy today — 25 March 2025
2 days, 16 hours ago
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 25 March 2025
2 days, 17 hours ago
Stock market today: Trade setup for Nifty 50 to global markets; Eight stocks to buy or sell on Tuesday— March 25, 2025
2 days, 17 hours ago
Best stocks to buy today: Raja Venkatraman recommends three stocks for today — 25 March
2 days, 18 hours ago
Sensex down over 700 points from day's high. Why stock market turned volatile?
2 days, 18 hours ago
TCS, HCLTech, Infosys, Wipro: Why IT stocks are rising today
2 days, 18 hours ago
Stock indices gain 1.4% on continued buying interest
3 days, 2 hours ago
Stock markets reverse 2025 losses on renewed optimism by foreign investors, better valuations
3 days, 5 hours ago
Sensex jumps 1,078 points on FII inflows, gains in banks; takes winning run to sixth day
3 days, 7 hours ago
Sensex Nears 78K, Nifty Settles Over 300 Points Higher. What Led To The Rally In Markets Today?
Top News
3 days, 7 hours ago
Sensex, Nifty surge in early trade on foreign fund inflows
3 days, 13 hours ago
Why is Indian stock market rising for seven straight sessions? Explained with seven crucial reasons
3 days, 14 hours ago
Sensex, Nifty 50 today: Real estate, energy, and media stocks lead rally on opening
3 days, 14 hours ago
Buy or sell: Vaishali Parekh recommends three stocks to buy today — 24 March 2025
3 days, 16 hours ago
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 24 March 2025
3 days, 17 hours ago
Sensex surges 1,000 points as FIIs chase Dalal Street rally
3 days, 18 hours ago
Sensex jumps over 1,000 points, extends rally: 5 things to know
3 days, 18 hours ago
Nifty 50 to Sensex: Why is Indian stock market skyrocketing? Explained with 5 crucial reasons
Trending News
5 days, 9 hours ago
D-Street investors become richer by ₹22.12 lakh cr as market rally extends to 5th day
Trending News
6 days, 5 hours ago
Sensex jumps 550 points; investors pocket ₹4 lakh crore— 10 key highlights of Indian stock market today
Trending News
6 days, 7 hours ago
Stock market today: 96 stocks touch 52-week lows, over 70 stocks at 52-week highs as Sensex, Nifty 50 rebound
6 days, 8 hours ago
Stock market today: 96 stocks touch 52-week lows, over 70 stocks at 52-week highs as Sensex, Nifty 50 rebound
Top News
6 days, 8 hours ago
Sensex jumps over 3,000 points in 5 days; what is driving this market rally? Explained with 5 crucial reasons
6 days, 11 hours ago
Sensex jumps over 3,000 points in 5 days; what is driving this market rally? Explained with 5 crucial reasons
6 days, 11 hours ago
Sensex, Nifty bounce back after falling in opening trade on fresh foreign fund inflows
6 days, 12 hours ago
Indian shares rise as large-cap valuations, easing foreign selling boost optimism
6 days, 13 hours ago
Nifty 50, Sensex today: What to expect from Indian stock market in trade on March 21
6 days, 16 hours ago
Indian stock market: 10 key things that changed for market overnight - Gift Nifty, Accenture Q2 results to BoE policy
6 days, 16 hours ago

Discover Related