Thursday, January 19, 2017

Buy NTPC,  Tata Steel, Power Grid: 

Sudarshan Sukhani Sudarshan Sukhani of s2analytics.com is of the view that NTPC, Tata Steel and Power Grid are excellent buying opportunities.  Technical Analyst, s2analytics.com | Capital Expertise: Equity - Technical Error loading player: No playable sources found Sudarshan Sukhani of s2analytics.com told, " Reliance Industries has seen two bad days, but I don’t think we should write off the stock. Whenever it stops falling, at the first sign of consolidation I would be a buyer in it."

 " NTPC , Tata Steel , and Power Grid , all three names are excellent buying opportunities. If you are an investor, you want to wait for a dip and the dip inevitably comes. NTPC is likely to cross Rs 200 and go much higher," he said. "Tata Steel is the least preferred of the three although I think even the stock has some rally left." "Power Grid has the same chart as NTPC. For some reason, the PSU power companies are showing very attractive signals for a big rally still to come." "I hold equity shares in NMDC ; that is a disclosure but I do suspect this will cross Rs 200 sooner than later," he added. "The midcaps which have broken out in style, for example United Spirits , I would not trade them. The two stocks which are going slow and steady, one is Panacea Bio . There a pattern is confirmed with a target of Rs 150. So, there is money even if you buy after the 4 percent rally. NTPC and Hero MotoCorp are buy opportunities." 

 Read more for Indian Stock Tips-http://www.aceinvestmentadvisory.com


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