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Buy above ₹761 and on dips to ₹735, stop ₹725, target ₹820-840

Buy above ₹535 and on dips to ₹510, stop ₹495, target ₹585-600

Buy above ₹1585 and on dips to ₹1530, stop ₹1520, target ₹1698-1730

Why it’s recommended: NMDC is showing strong short-term momentum as it sustains above key support levels. The daily RSI at 70.70 highlights robust bullish strength, while the MACD at +1.58 confirms a positive trend continuation. The ADX at 27 signals healthy trend strength, suggesting that the upmove is supported by a firm underlying structure. Price action holding above ₹77 reflects demand absorption, keeping the bias positive for further upside.

RSI (14-day): 70.70 — strong bullish momentum

MACD (12,26): +1.58 — positive crossover, trend intact

ADX (14): 27 — confirming solid trend strength

Technical view: Sustaining above ₹77 keeps the setup constructive, with potential to move toward ₹80.80.

-Commodity price volatility may impact sentiment.

-Global steel demand fluctuations can influence stock performance.

Buy at: ₹78.10

Target price: ₹80.80

Stop loss: ₹77

Why it’s recommended: Maruti is displaying very strong bullish momentum as it trades at lifetime high levels. The daily RSI at 80 indicates overbought but sustained bullish strength, while the MACD at +587 confirms a powerful ongoing uptrend. The ADX at 63 signals a highly trending move, reflecting robust demand and strong institutional participation. Additionally, the recent GST rate cut for the auto sector is providing a structural tailwind, further strengthening the outlook for near-term upside.

RSI (14-day): 80 — strong bullish momentum, overbought zone

MACD (12,26): +587 — trend continuation signal

ADX (14): 63 — very strong trend strength

Technical view: Sustaining above ₹15,998 keeps the bullish structure intact, with potential to test ₹16,295 in the near term.

-Overbought RSI may trigger short-term profit-taking.

-Sensitive to input cost pressures and currency fluctuations.

-Auto sector demand remains linked to macroeconomic cycles.

Buy at: ₹16,097

Target price: ₹16,295

Stop loss: ₹15,998

Why it’s recommended: Hindustan Copper has turned bullish with strong price momentum. The daily RSI at 78 reflects aggressive buying interest, while the MACD at +13 confirms positive trend continuation. The ADX at 40 highlights a robust and strengthening trend. On the daily chart, the stock has also broken above a key trendline resistance, validating the breakout and pointing towards continuation of the rally.

RSI (14-day): 78 — strong bullish momentum

MACD (12,26): +13 — positive crossover, trend intact

ADX (14): 40 — robust trend strength

Technical view: As long as the stock sustains above ₹293, the breakout remains valid, with potential to move toward ₹335.

-High sensitivity to global copper price fluctuations.

-Exposure to mining regulatory risks and commodity cycles.

-Overbought RSI makes the stock vulnerable to pullbacks.

Buy at: ₹307.45

Target price: ₹335

Stop loss: ₹293

In Q1 FY26,IRCTCmaintained its strong dominance in the online ticketing segment, with 87.78% of all reserved train tickets booked through its digital channels. During the same quarter, the company reported consolidated operating revenue of ₹1,159.68 crore, reflecting a 3.8% year-on-year increase from ₹1,117.59 crore in Q1 FY25. Profit After Tax (PAT) rose 7.5% YoY to ₹330.7 crore, up from ₹307.72 crore, supported by strong performance in its Internet Ticketing, Rail Neer (packaged drinking water), and Tourism segments.

During Q1 FY26, the internet ticketing division processed 12.63 crore ticket bookings, while the Rail Neer segment achieved average daily sales of 14.12 lakh bottles. For the full fiscal year FY25, IRCTC's operating revenue grew by 9.7% to ₹4,675 crore, up from ₹4,260 crore in FY24. PAT for the year reached ₹1,315 crore, marking an 18.3% rise from ₹1,111 crore in the previous fiscal.

IRCTC remains the sole authorized provider of online train ticketing services for Indian Railways, offering bookings via its official website and the Rail Connect mobile app. Holding a monopoly in this domain, it continues to benefit from its advanced Next Generation e-Ticketing (NGeT) system, which has enhanced the user experience and helped expand its user base. Additionally, IRCTC leads the Rail Tour Packages (RTPs) space, with a strong track record in serving both domestic and international railway tourism markets.

In Q1 FY26, MBFSL recorded operating revenue of ₹473 crore, marking a 7.6% YoY increase. The bakery segment led the growth with a 19% YoY rise to ₹183 crore, while the biscuit segment reported a 3% YoY increase to ₹281 crore. EBITDA for the quarter stood at ₹58.2 crore, reflecting a 12.3% EBITDA margin, while PAT was ₹30.9 crore, with a 6.5% PAT margin. The management has set a target of achieving 14% EBITDA margins in the coming quarters. In North India, its core market, MBFSL holds over 4% market share, supported by strong brand equity, a wide distribution network, and a diverse product portfolio.

The company is actively expanding its footprint in both domestic and international markets. It plans to enter the Calcutta market and establish a presence in at least one metro city through co-packing arrangements. New bakery manufacturing facilities are also scheduled to come up in Calcutta and Maharashtra during FY26. On the global front, MBFSL is targeting the MENA and African regions via its newly formed UAE subsidiary, aiming to capitalize on growing demand in these markets.

Recognizing shifting consumer preferences, the company is increasing its focus on quick commerce, with plans to boost revenue contribution from this channel from 1% to 4-5% in the near term, aligning with evolving FMCG consumption patterns and the rise of urban digital retail.

Raja Venkatraman is co-founder, NeoTrader. His Sebi-registered research analyst registration no. is INH000016223.

Ankush Bajaj is a Sebi-registered research analyst. His registration number is INH000010441.

MarketSmith India is a stock research platform and advisory service focused on the Indian stock market. Trade name: William O’Neil IndiaPvt. Ltd. Sebi Registration No.: INH000015543

Trade Brains Portal is a stock analysis platform. Its trade name is Dailyraven Technologies Pvt. Ltd, and its Sebi-registered research analyst registration number is INH000015729.

Investments in securities are subject to market risks. Read all the related documents carefully before investing. Registration granted by Sebi and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before making any investment decisions.

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