WEDNESDAY 

28-JAN-2026

 

Nifty index closed bullish with upper and lower shadow-Index below 20 EMA but managed to sustain above 200 EMA-RSI around 35-POI:  25235

FLAT to POSITIVE

Today’s Market Prediction:

• Gift Nifty Indicating about Nifty probability opening: would open POSITIVE
• Technically, Nifty is in the Bullish zone- BankNifty is in the Bullsh zone
• Nifty index formed a bullish candle with upper and lower shadows on the daily timeframe.
• India VIX up by 1.83 percent to 14.45 levels.
• Oil and Natural Gas Corporation:The company, through its joint ventures with Mitsui OSK Lines (MOL), Japan, has entered into shipbuilding contracts (SBCs) with Samsung Heavy Industries, South Korea, for the construction of two very large ethane carriers (VLECs).
• Life Insurance Corporation of India:The insurance company has subscribed to 5.12 lakh debentures of Bajaj Finance, having a face value of Rs 1 lakh each, amounting to Rs 5,120 crore. These funds will be utilised for general business purposes.

Stocks in NEWS:-

• Infosys:The company has announced a strategic collaboration with Cursor, a leading AI-powered development platform, to help enterprises worldwide accelerate their AI value journey. As part of this collaboration, the companies will set up a Center of Excellence (CoE) to accelerate enterprise adoption of software engineering agents in the development of AI-native products.

• Vedanta, Hindustan Zinc:The company has approved the sale of up to 6.7 crore equity shares of Hindustan Zinc (representing 1.59 percent of the paid-up equity) via an offer-for-sale on January 28–29. This comprises a base offer size of 3.35 crore shares and an oversubscription option of 3.35 crore shares. The floor price for the offer has been fixed at Rs 685 per share.

• Titagarh Rail Systems:The company has signed an agreement with ABB to deliver propulsion systems for 25kV Metro projects. The framework includes transfer of technology for TCMS for 25kV driverless metro systems and transfer of manufacturing of converters and traction motors under the Government of India’s Make in India policy.

• Rail Vikas Nigam:Rail Vikas Nigam has emerged as the lowest bidder for an order worth Rs 242.5 crore from South Central Railway. The order involves design, supply, erection, testing, and commissioning for OHE upgradation of the existing 1x25kV system to a 2x25kV feeding system, along with feeder and earthing works in the Ongole–Gudur section of Vijayawada.

• Axis Bank, Vedanta:Frankfurt-based Goldman Sachs Bank Europe SE, a subsidiary of The Goldman Sachs Group, Inc., has bought 51.31 lakh equity shares (equivalent to 0.16 percent of paid-up equity) in Axis Bank for Rs 674.21 crore from Morgan Stanley Asia (Singapore). The shares were exchanged at a price of Rs 1,313.9 per share.

• IndiGrid Infrastructure Trust:Spices maker Everest Food Products has bought 15.22 lakh units (0.17 percent stake) from ASK Financial Holdings. These units, worth Rs 25 crore, were exchanged at Rs 164.25 per unit.

• Antony Waste Handling Cell:The Miri Strategic Emerging Markets Fund, owned by Miri Capital Management, has acquired an additional 2.04 lakh shares (0.72 percent stake) in Antony Waste at Rs 589.37 per share, valued at Rs 12.05 crore.

• RateGain Travel Technologies:Arpit Khandelwal-founded Plutus Wealth Management sold a further 16.57 lakh shares (1.4 percent stake) in the company at Rs 606 per share to Paisabuddy Finance for Rs 100.43 crore.

Market Indication:-

Global:FLAT to POSITIVE

NIFTY:FLAT to POSITIVE

BANKNIFTY:FLAT to POSITIVE

PCR:The Nifty Put-Call ratio (PCR), which indicates the mood of the market, jumped to 1.02 on January 27, compared to 0.7 in the previous session.

BULK Deals:Antony Waste Handling Cell,IndiGrid Infrastructure Trust Etc.

Stocks In F&O Ban Period:Nil

Results Today:Larsen & Toubro, Maruti Suzuki India, Bharat Electronics, SBI Life Insurance Company, ACC, Mahindra & Mahindra Financial Services, Aditya Birla Real Estate, ASK Automotive, Balkrishna Industries, CarTrade Tech, CSB Bank, Gland Pharma, ICRA, Lodha Developers, Novartis India, National Securities Depository, Pine Labs, SBI Cards and Payment Services, Star Health and Allied Insurance Company, Sundram Fasteners, Thyrocare Technologies, and TVS Motor Company

GIFT NIFTY:  (Positive) 

25443     +25.00     +0.10

FII-DII: DIIs net buy shares worth Rs 8999 crore, FIIs net sell Rs 3068 crore.

NIFTY (25175) The support for the Nifty is: 25000-24925-24805 and the Resistance to the up move is at: 25240-25310-25430 levels.

BANKNIFTY (59205): The support for BankNifty is: 58420-58110-57605 and the Resistance to the up move is at 59425-59735-60235 levels.

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we are not SEBI registered . you may consult your Financial advisor before taking trade.
Our views are based on candlestick charts,patterns,Mathematical based calculation ( pivot)
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Maintain your daily risk as per your capital and risk management. daily risk should not cross more than 2 % of your Total capital . managing your risk is important in any kind of trading . If you are in direction of Profit then Trail your SL . without SL no trade. 

If you are Trading in Equity : then you may use this calculation for risk management
If Daily Risk in Equity is Rs. 250 and SL is of 5 points ( from entry point to SL point)  then Qty should be taken as per this Risk: 250/5 = Qty 50