Top Buy Ideas for January 5
Business
M
Moneycontrol05-01-2026, 03:31

Market Rallies: Experts Share Top Stock Picks for January 5 Trading

  • Benchmark indices hit new closing highs on January 2, indicating strong market breadth.
  • Overall market trend is expected to remain positive despite potential intermittent consolidation.
  • Experts recommend 'Buy' for IRCTC, Transformers and Rectifiers, REC, Rail Vikas Nigam, Torrent Power, UNO Minda, IDBI Bank, Venus Pipes and Tubes, and SMS Pharmaceuticals.
  • Recommendations include specific target prices and stop-loss levels for short-term trading strategies.
  • Technical analysis, including RSI, SMAs, Bollinger Bands, and chart patterns, supports these bullish calls.

Why It Matters: Experts recommend specific stocks for short-term trading on January 5, anticipating continued positive market trend.

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