stock market recommendations: : According to Mehul Kothari, DVP – Technical Research, Anand Rathi Shares and Stock Brokers Top Stocks to Buy Today (28 January 2026) Chennai Petroleum, Oil IndiaAnd Punjab National Bank (PNB). let’s take a look:Chennai Petroleum – Consolidation near key supportBuy: ₹850-₹840 | Stop Loss: ₹795 | Target: ₹950Chennai Petroleum is consolidating after its recent rally and is trading near the strong support zone of ₹850-840, which coincides with the previous breakout base and demand zone. The broader structure remains positive as long as ₹795 remains safe on a closing basis. The price remains near the Ichimoku cloud support, indicating consolidation within the ongoing medium-term uptrend. The RSI has cooled into the neutral zone, suggesting a healthy momentum reset and scope for renewed upside.Oil India – Consolidation with trend supportBuy: ₹448-₹440 | Stop Loss: ₹425 | Target: ₹480Oil India is trading near the strong support zone of ₹448-440 after a phase of consolidation, indicating emerging buying interest at lower levels. The broader structure remains positive as long as ₹425 remains safe on a closing basis. The price remains close to key moving averages and trend support, suggesting consolidation within the ongoing medium-term uptrend. Momentum indicators are stabilizing, RSI is in the neutral zone and ADX is showing signs of strength, giving scope for a fresh rise towards ₹480 levels.PNB – Pullback to support within uptrendBuy: Around ₹122 | Stop Loss: ₹118 | Target: ₹130PNB is seeing a healthy downside after its recent rally and is now trading near a strong support zone around ₹122, which coincides with the short-term moving average and prior demand zone. The broader price structure remains positive as long as ₹118 remains safe on a closing basis. Price action suggests consolidation within the ongoing uptrend rather than a trend reversal. Momentum indicators have cooled off from higher levels, indicating a reset in momentum and providing scope for a fresh rise towards ₹130 levels.(Disclaimer: The recommendations and views given by experts on the stock market, other asset classes or personal finance management are their own. These opinions do not represent the views of The Times of India)
