The Nifty Markets seem to be heading in the opposite direction, but the energy space seems to be going in the opposite way. Some Stocks like NTPC, Power Grid You can expect to gain between 2 and 4.5%, or even more. JSW Energy A move of approximately 10% was observed What’s What is your opinion about the energy sector? Can investors trust these counters considering the weakness of the market?
We We have seen a positive trend in the energy sector. We TD are being monitored PowerThe price of, which trades at approximately 162. The Stock recently rose to 150 levels and investors could buy it at the current level. We We have encouraged our clients to do so. On The higher side is what we expect TD Power To test 200-210 within the next few weeks.
The A rise in steel prices could pose a major concern for auto companies. HoweverSome of the top performers for 2022 are: TVS Motors and M&M, have shown strong moves. What What is your opinion on these counters Has Did their performance end? Or is there more upside to this story?
The The auto sector has come under some pressure, but it continues to outperform benchmark indices. TVS Motors This stock is an outstanding choice and we believe it can move up another 10-15% relative to current levels.
Given The market is volatile. What are your top picks? Which sectors should you be focusing in?
One One of my picks in the past was TD Power I’d like to suggest a trade that is not listed here. Cummins India. It This year, the company has seen a 21% increase in its trading volume and currently trades at 1683. It It has outperformed the benchmark index. One It can be accumulated at current levels, or at a decline towards 1650 with a stop loss of 1640. On The higher end, we aim for 1800-1850 levels.