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The Economic Times
The Economic Times
Akash Podishetti

Market trading guide: NDR Auto among 2 stock recommendations for Tuesday

The interim US–Iran peace agreement has significantly improved investor sentiment, triggering a broad-based recovery across equity markets. With crude oil prices easing to below $85 per barrel, concerns around inflation have moderated, supporting a more stable interest rate outlook and improving earnings visibility for FY27. As the risk-reward equation turns more favourable for equities, analysts say investors have increasingly shifted toward growth-oriented sectors such as autos, industrials, capital goods, and real estate, which are well positioned to benefit from an improving macro environment.

Here are two stock recommendations for Friday

NDR Auto - Buy | CMP: Rs 843 | Stop-loss: Rs 809 | Target: Rs 912

NDR Auto Components has generated a strong bullish breakout from a symmetrical triangle consolidation pattern, indicating a potential resumption of the upward trend. The stock has witnessed a sharp rise with positive price action and is currently trading above its short-term and medium-term moving averages, reflecting improving market sentiment. The breakout is supported by increased buying interest, while the RSI has moved above the 60 mark, indicating strengthening momentum without entering extreme overbought territory.

Virat Jagad, Sr Technical Research Analyst, at Bonanza Portfolio

Divgi TorqTransfer - Buy | CMP: Rs 870 | Stop-loss: Rs 826 | Target: Rs 959

Divgi TorqTransfer Systems has exhibited strong bullish momentum as the stock has rallied sharply and is currently approaching a significant resistance zone around 870, which has acted as a major supply area in the past. The price has formed a sequence of higher highs and higher lows while sustaining above all key moving averages, indicating a strong positive trend across multiple timeframes.

Virat Jagad, Sr Technical Research Analyst, at Bonanza Portfolio

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)

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