Market Trading Guide: Buy Oil India, Tata Steel and two more stocks on Wednesday for up to 8% potential upside
- Posted on January 27, 2026
- By Business News Today
- 4 Views
Market Trading Guide: Buy Oil India, Tata Steel and two more stocks on Wednesday for up to 8% potential upside
Nifty ended with gains on Tuesday amid strong buying trends in financials, IT and metals, though selling pressure in auto and FMCG stocks capped the upside. The monthly expiry day proved to be a roller-coaster as the headline index witnessed a 300-point swing during the day. Commenting on the day's action, Rupak De, Senior Technical Analyst at LKP Securities said that Nifty ended above the 200-DMA though a follow-up move is required from here to change the bearish view on the Nifty. "Support remains at 24,900, and a slip below this level could unlock fresh selling pressure from the bears. On the higher end, 25,500 continues to be a crucial resistance zone. Until the Nifty decisively breaks above 25,500, a sell-on-rise strategy may continue to work in the market," De said.Here are 4 stock recommendations for Wednesday: Stock Ideas