Stock Market Recommendations for January 30, 2025.
As the stock market continues to present new opportunities, we bring you four carefully analyzed stock recommendations for potential gains in the coming weeks. Here are our top picks:
LIC Life Insurance (NSE: LICI)
Buy Above: 830
Target: 890
Stop Loss: 812 (on a closing basis)
Time Horizon: 2-3 weeks
Life Insurance Corporation of India (LIC) is showing strong momentum. A breakout above 830 could lead to a rally towards 890. Traders are advised to maintain a stop loss at 812 on a closing basis.
H.G. Infra Engineering (NSE: HGINFRA)
Buy Above: 1240
Target: 1360
Stop Loss: 1216 (on a closing basis)
Time Horizon: 4-6 weeks
H.G. Infra Engineering is displaying bullish strength. A sustained move above 1240 may push the stock towards 1360, making it an attractive pick for medium-term investors.
Karnataka Bank Ltd. (NSE: KTKBANK)
Buy Above: 192
Target: 212
Stop Loss: 186
Time Horizon: 3-4 weeks
Karnataka Bank is forming a bullish structure, and a breakout above 192 could trigger further upside potential. Investors should monitor this stock closely for sustained movement.
PVR Inox (NSE: PVRINOX)
Buy Above: 1085
Target: 1180
Stop Loss: 1058 (on a closing basis)
Time Horizon: 3-4 weeks
With improving market sentiment in the entertainment sector, PVR Inox could see an upward rally. A buy recommendation is set above 1085, with a target of 1180.
*Disclaimer: These stock recommendations are based on technical analysis and market trends. Investors should conduct their own research and consult with their financial advisors before making any investment decisions. Stock market investments are subject to risks, and past performance is not indicative of future results.