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SEBI-registered analyst Vinayak Gautam has identified NTPC and Supreme Industries as short-term investment opportunities, following recent news developments.
Supreme Industries
Gautam believes the stock is an attractive bet after the company secured a ₹54 crore order from Bharat Petroleum (BPCL) to supply 200,000 units of 10 Kg composite LPG cylinders.
Technical indicators suggest a favorable risk-reward setup, with a recommended buy at ₹4,210, a target of ₹4,270, and a stop-loss at ₹4,180.
At the time of writing, Supreme Industries shares are trading marginally lower at ₹4,200.40
The trade idea is suited for a 1- to 2-month holding period, the analyst added.
Year-to-date (YTD), the stock has declined 10.63%.
NTPC
According to Gautam, NTPC stock appears promising following the commissioning of THDC India's Unit II (250 MW) at the Tehri Pumped Storage Project, which boosts its total commercial capacity to 2,747 MW.
This development strengthens the company’s operational profile and supports future growth prospects.
Investors can consider buying at ₹344 with a target of ₹360 and a stop loss at ₹338. The suggested holding period is 1–2 months, he added.
NTPC is down 0.6% at ₹341.90, having gained 2.7% YTD.
Retail sentiment remained ‘bearish’ on Stocktwits. It was bullish a week ago.
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