Market Trading Guide: NDR Auto in 2 Stock Recommendations for Tuesday

The interim US-Iran peace deal has significantly improved investor sentiment, triggering a broad-based recovery across equity markets. With crude oil prices falling below $85 per barrel, concerns around inflation have eased, supporting a more stable interest rate outlook and improving earnings visibility for FY27. As the risk-reward equation becomes more favorable for equities, analysts say investors are increasingly turning to growth-oriented sectors such as auto, industrials, capital goods and real estate, which are well-positioned to benefit from the 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 generated a strong bullish breakout from a symmetrical triangle consolidation pattern, signaling a possible resumption of the uptrend. The stock has seen a sharp rally with positive price action and is currently trading above its short-term and medium-term moving averages, indicating an improvement in market sentiment. The breakout is supported by increasing buying interest, while the RSI has moved above the 60 mark, indicating strong momentum without entering overly overbought territory.

Virat Jagad, Senior Technical Research Analyst, at Bonanza Portfolio

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      Divgi TorqTransfer – Buy | CMP: Rs 870 | Stop-Loss: Rs. 826 | Target: Rs. 959

      Divgi TorqTransfer Systems has displayed strong bullish momentum as the stock has risen sharply and is currently near a significant resistance area around 870, which has served as a key supply area in the past. The price has formed a series of higher highs and higher lows with sustained above all key moving averages, indicating a strong positive trend across multiple timeframes.

      Virat Jagad, Senior Technical Research Analyst, at Bonanza Portfolio

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

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