Market Outlook: Technical Call of the Day & Top 5 Stocks in Focus for 27th Jun 2025

Nifty index opened positive and maintained a bullish tone throughout the session, extending gains and reaching intraday high above 25550 levels. It escalated upward throughout the day and every minor dips were quickly absorbed, reflecting strong underlying momentum. It closed near its higer band with gains of around 300 points. It formed a bullish candle on daily frame with a breakout from the consolidation and has been forming higher lows from the last five sessions. Now it has to hold above 25500, for an up move towards 25650 and 25850 zones while supports have shifted higher to 25350 then 24250 zones.

On option front, Maximum Call OI is at 25500 then 26000 strike while Maximum Put OI is at 25500 then 25200 strike. Call writing is seen at 25500 then 26000 strike while Put writing is seen at 25500 then 25200 strike. Option data suggests a broader trading range in between 24000 to 26000 zones while an immediate range between 25300 to 25700 levels.

S&P BSE Sensex index opened on a positive note and moved higher initially, encountering resistance near the 83400 level, which led to profit booking during the early part of the session. However, the index held firm above 83000 zones and resumed its upward trajectory in the latter half of the day. A decisive breakout above 82800 levels on the daily chart signals underlying strength. Technically, it formed a strong bullish candle, indicating sustained positive momentum in the near term. It ended the session with substantial gains of around 1000 points. Now it has to hold above 83500 zones, for strength towards 84000 then 84300 zones while supports are shifting higher at 83500 then 83200 zones.

Bank Nifty index opened on a positive note but remained dull as it corrected towards 56550 zones in the first half of the session. However strong recovery was seen from lower levels as the Index extended the momentum to hit a new life high territory of 57263 marks. It formed a strong bullish candle on daily scale as buying interest was seen across private banks with highest daily close ever. Index has finally given a range breakout on daily scale and now it has to hold above 56850 zones for an up move towards new life high territory towards 57500 then 58000 levels while on the downside support is seen at 56750 then 56500 zones.

Nifty future closed positive with gains of 1.20% at 25554 levels. Positive setup seen in Hindustan Copper , Dalmia bharat, Jio Financial, LTF,Eternal, Mphasis, Max health, AU Bank, Grasim and AB Capital while weakness in Mazagon, Colpal, Syngene, Piramal pharma, Chambal fertilizer, INOX wind, ABFRL, VBL, Godrej CP, Mankind pharma and Dixon.

PAYTM - TECHNICAL CALL OF THE DAY

After consolidating for the past few sessions, the stock has managed to change its gear and move upwards. It has taken support near its 40-EMA levels on the daily chart and has attempted to bounce back. Also, the stock is trading above its key 100 as well as 200-EMA levels on the daily chart further reflecting strength in price. A positive RSI divergence is also visible indicating bullish implications.

BUY PAYTM CMP 915.75 SL 858.00 TGT 975.45

Top stocks to watch out for 27th Jun

Hitachi Energy:

Hitachi Energy has received an order from Power Grid Corporation of India to supply 30 units of 765-kilovolt (kV) 500 megavolt-ampere (MVA) single-phase transformers. UHV AC 765 kV transformers enhance the power grid's security, reliability, and efficiency, helping to meet increasing energy demands. Once installed, these transformers can transmit the power equivalent to the average power consumption of 30 million households in India.

HCL Tech:

HCL Tech announced the launch of its orchestration consultation and implementation services designed to accelerate enterprises’ adoption of Salesforce Agentforce across various industries, including financial services, healthcare, retail and manufacturing, helping them transform into AI-augmented enterprises.

Kaynes Technology:

Kaynes Technology has incorporated a wholly owned subsidiary (WOS) named ‘Kaynes Space Technology Pvt LtD’ (KSTPL). The company aims to design, develop, and manufacture satellites of all classes and mission-specific payloads for diverse applications such as communication, Earth observation, defense, and scientific research. It will also create modular satellite platforms and indigenous launch vehicles for various orbits (LEO, MEO, GEO, and beyond), focusing on cost-effective, reusable, and sustainable technologies.

Choice International:

The company's Wholly Owned Subsidiary (WOS) Choice Consultancy Services has incorporated a WOS under the name “Choice Green Energy Solutions. The newly incorporated company is a step down subsidiary of the Choice International Ltd.

The objective behind this acquisition is to enter into the business activities such as the development of solar projects, including the generation, supply and sale of power, the construction of non-conventional/renewable energy facilities as well as engaging in the various ancillary activities and to carry on the business of leasing, sub-leasing, renting, or licensing of solar power systems.

Western Carriers:

The company has received “Work Order valued Rs 230 crore from Jindal Stainless Ltd (JSL) for End to End EXIM agreement for rail transportation of EXIM containers from various ports to JSLS siding, custom clearance at Jajpur plant return of empty/ export laden containers, last mile delivery of empty containers to the nominated CFS/yard of the shipping lines and related activities for a period of 3 years.

news