Trade Spotlight: Top Stock Picks for January 19 - PNB, JK Cement, UPL, IDBI Bank, Tech Mahindra

• Benchmark indices closed flat with a positive bias on January 16 amidst weak market breadth, with consolidation expected.
• Rajesh Palviya of Axis Securities recommends buying Punjab National Bank (target Rs 142, Rs 155; stop-loss Rs 128) and JK Cement (target Rs 6,200, Rs 6,450; stop-loss Rs 5,650).
• Palviya also suggests buying UPL, noting its sustained uptrend and potential breakout above Rs 820-830 for targets of Rs 830, Rs 900 (stop-loss Rs 760).
• Osho Krishan of Angel One advises buying IDBI Bank (target Rs 118, Rs 122; stop-loss Rs 92) and Inox Green Energy Services (target Rs 220, Rs 240; stop-loss Rs 160).
• Krishan recommends buying Mishra Dhatu Nigam (target Rs 385, Rs 400; stop-loss Rs 320) due to consolidation and a symmetrical triangle formation; Anshul Jain of Lakshmishree Investments suggests Tech Mahindra (target Rs 1,756.85+).

Why It Matters: Experts recommend specific buy strategies for PNB, JK Cement, UPL, IDBI Bank, Inox Green Energy, Mishra Dhatu Nigam, and Tech Mahindra for January 19.