Editor’s Take
Share Market
C
CNBC Awaaz13-01-2026, 08:34

Market Recovery: Sustainable or Short-Lived? Key Strategies for Today's Trading

  • Yesterday's stock market recovery from oversold zones raises questions about its sustainability, with FIIs still selling at higher levels.
  • Nifty needs to break and sustain above 26,000-26,100 for increased confidence; 25,850-26,000 is a tough resistance zone.
  • Reactions to TCS's subdued results and HCL Tech's better performance will influence market opening.
  • Major results from Reliance Industries, HDFC Bank, and ICICI Bank are due this week, with ICICI Bank in focus for management confidence.
  • Strategy: Exit weak stocks during rallies, 'buy on dips' for strong stocks, metals and PSU banks preferred, avoid large-cap IT.

Why It Matters: Yesterday's market recovery is uncertain; FII selling and key resistance levels suggest caution and selective trading.

More like this

Loading more articles...