Six Stock Picks for 15 January: Three Analysts Recommend Buys and Sells With Set Targets and Stop-Losses

The stop-loss is where the analyst admits being wrong.
Each of the six calls pairs a target with a stop-loss that marks where its thesis fails.
Mark

Six stocks, three analysts. What is the actual shape of this list?

Mimi

Each call gives a price to enter, a target and a stop-loss. Bajaj and Venkatraman are trading short term. MarketSmith's calls on Biocon and Bajaj Finance run two to four months.

Mark

What are they basing it on?

Mimi

Charts. Demand zones, RSI divergence, support retests, the KS and TS lines. Nothing about earnings or company news.

Luke

Worth saying plainly: the source text is incomplete. The first Bajaj stock's name is missing, so we only have its zone of 1,760 to 1,723 and a target of 1,820 to 1,835.

Mark

Why do the stop-losses matter so much?

Mimi

They define when the analyst is wrong. Indian Energy Exchange is bought at ₹167 with a stop at ₹158, so the risk is about ₹9 against a ₹13 target.

Luke

That arithmetic is ours, not the analysts'. And a target is a hope, not a forecast anyone has verified.

Mark

Does the registration give the calls weight?

Luke

Only Bajaj's registration is given, and the disclaimer says registration guarantees nothing about returns. Mint also says these are individual views, not its own.

Mimi

So the list is best read as a set of stated conditions: where each view holds and where it breaks.

  • Six Indian stocks are in play as analysts push buy calls into a shaky market.
  • Deccan Cements and Lloyds Metal have slid after sharp rallies, and analysts are betting profit-taking has run its course.
  • Ankush Bajaj's Indian Energy Exchange call hinges on whether a retest of the 158 to 164 demand zone holds.
  • Stop-losses from ₹158 to ₹6,870 mark the exact points where each thesis collapses, so the tension is built in.
  • Short-term trades for the next session sit alongside three- to four-month bets on Biocon and Bajaj Finance, and each will be tested by price.

On the eve of a new trading session, three market observers offered their reading of the charts, naming six Indian stocks as candidates for purchase with clearly marked exits. Their calls rest entirely on price patterns, support zones and momentum gauges rather than on what the companies earn or report, a reminder that markets are often read as the shape of past hopes as much as the promise of the future. Each recommendation carries a stop-loss, the point where the analyst concedes the story has broken, and the disclaimers attached make plain that these are individual opinions, not guarantees. The episode sits quietly within the old human practice of trying to read tomorrow in yesterday's traces.

On the evening of 14 January, Livemint published trading calls for the coming session, drawn from Ankush Bajaj, Raja Venkatraman of NeoTrader and the research platform MarketSmith India. Together they name six Indian stocks, each with an entry level, a target and a stop-loss.

Bajaj's first call, on a headline stock whose name is lost in the source, looks to a retest of a demand zone between 1,760 and 1,723, with an RSI divergence hinting at a pullback and a move toward 1,820 to 1,835. His second is Indian Energy Exchange: buy at ₹167, target ₹180, stop ₹158, after a selloff from ₹192 has tested a major demand zone.

Venkatraman offers two trades. Deccan Cements, after a sharp earlier rally, has slid toward support near the KS line as profit booking met a weaker market; he buys at ₹708, targets ₹740 and stops at ₹693. Lloyds Metal, after weeks of gains and a pullback to the TS line, has an RSI recovering from lower levels; he buys above ₹1,420, targets ₹1,490 and stops at ₹1,385.

MarketSmith offers longer bets. Biocon, at ₹387.65, has a buy range of ₹375 to ₹390, a goal of ₹458 and a stop of ₹350 over two to three months. Bajaj Finance, at ₹7,335, has a range of ₹7,100 to ₹7,375, a goal of ₹8,300 and a stop of ₹6,870 over three to four months.

Every call rests on charts, not on earnings or news, and the stop-losses mark where each analyst would admit the thesis has failed. The disclaimers are equally deliberate: the views belong to the analysts, not to Mint, and Sebi registration and NISM certification guarantee no returns.

On the evening of 14 January, Livemint published a list of trading calls for the next session, 15 January, drawn from three sources: Ankush Bajaj, Raja Venkatraman and the research platform MarketSmith India. Together they name six Indian stocks, each with an entry level, a target and a stop-loss.

The source text is missing the headline stock from Bajaj's pair. Its first call survives only in fragments. On the four-hour chart, the stock has tested a recent demand zone between 1,760 and 1,723. Bajaj also points to an RSI divergence on that chart, which he reads as a sign of a potential pullback, and he expects the stock to move toward 1,820 to 1,835.

Bajaj's second call is Indian Energy Exchange. He recommends buying at ₹167, with a target of ₹180 and a stop-loss of ₹158. The stock sold off from 192 and has since retested what he calls a major demand zone, between 164 and 158. He says it has shown some signs of a pullback, and that at this level a long position can be considered with low risk.

Raja Venkatraman, co-founder of NeoTrader, offers two trades. The first is Deccan Cements: buy at ₹708, stop at ₹693, target ₹740. He notes that the shares rose sharply earlier this year, then slid toward a key support level near the KS line as profit booking met a broader market downturn. A long-bodied candle on Tuesday, he says, improves the chances of a rebound.

His second is Lloyds Metal, a buy above ₹1,420 with a stop at ₹1,385 and a target of ₹1,490. After a long stretch of consolidation, he sees renewed buying interest from lower levels. That produced significant gains over the past few weeks, followed by profit booking as the trend softened and prices tested the TS line. The pullback has put the RSI into recovery mode, which he reads as a sign of revival.

MarketSmith India supplies the two longer-horizon calls. For Biocon, with a current market price of ₹387.65, it suggests a buy range of ₹375 to ₹390, a profit goal of ₹458 and a stop-loss of ₹350, over two to three months. For Bajaj Finance, at ₹7,335, the buy range is ₹7,100 to ₹7,375, the profit goal ₹8,300 and the stop-loss ₹6,870, over three to four months.

The common thread is method. Every call rests on chart signals such as demand zones, support retests, RSI readings and candle patterns. None cites company earnings or news. The horizons differ sharply: the Bajaj and Venkatraman calls read as short-term trades, while MarketSmith's run for months.

The disclaimers matter here. Bajaj is a Sebi-registered research analyst, registration number INH000010441, though Sebi registration and NISM certification do not guarantee performance or returns. Mint states that the views are the analysts' own, not the publication's, and advises readers to consult certified experts before investing. The stop-loss levels are the clearest test of each call: a fall below them would mean the analyst's thesis has failed.

At the ₹164–158 demand zone, a long position in Indian Energy Exchange can be considered with low risk.
— Ankush Bajaj, Sebi-registered research analyst
The views and recommendations are those of individual analysts and do not represent the views of Mint.
— Mint disclaimer
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