Stock market recommendations: According to Somil Mehta, Head – Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan, the top stocks to buy today on January 20, 2026 are: NTPC, and Mphasis. Blue Star is a sell call. Let’s take a look:NTPC – Buy in the range between Rs 342 & Rs 346; Stop Loss: Rs 328; Target: Rs 380NTPC is consolidating in a broad range from the last two weeks above the short term average 20 & 40 Daily moving average. Giving a descending trendline breakout. The stock is expected to resume the uptrend. Momentum Indicators are positive showing strength. Taking support from 200 DEMA. Key resistance at 360 and support is at 336.Mphasis – Buy in the range between Rs 2,894 & Rs 2,895; Stop Loss: Rs 2,735; Target: Rs 3,180Mphasis consolidation in a broad range from last month above 200 Daily Moving average. Stock is expected to move in an upward direction. Momentum indicators are giving positive crossover above zero line showing strength .Key resistance level at 3050 and support is 2778.Blue Star – Sell in the range between Rs 1,760 & Rs 1,775; Stop Loss: Rs 1,890; Target: Rs 1,540Bluestarco consolidating in the broad range below 200 daily moving average from last two months. Showing ascending trendline breakdown below the short term averages 20 & 40 DEMA, expected to continue momentum in the downside. Momentum indicators are negative showing weakness. Key resistance level is 1862 and support is 1700.(Disclaimer: Recommendations and views on the stock market, other asset classes or personal finance management tips given by experts are their own. These opinions do not represent the views of The Times of India)
