Aaj Ke 2000 with Anil Singhvi: BUY! Market Guru recommends Rs 118 NTPC call option - REVEALS 3 targets
In a special segment of AajKe2000, Zee Business Managing Editor Anil Singhvi recommended to Buy call option of NTPC 118, which is available at Rs 2 for the target of Rs 4, 5 and 7 before expiry with a stop loss of Rs 0.75 ahead of its result tomorrow.
In a special segment of AajKe2000, Zee Business Managing Editor Anil Singhvi recommended to Buy call option of NTPC 118, which is available at Rs 2 for the target of Rs 4, 5 and 7 before expiry with a stop loss of Rs 0.75 ahead of its result tomorrow.
Singhvi said, the power companies such as CESC, Torrent Power, Tata Power among others have performed well in the fourth quarter of financial year 2020-2021, however, in line with the same pattern, NTPC too post a spectacular result tomorrow.
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Trading around day’s low level, NTPC shares declined by over three per cent to 113.4 per share on the BSE intraday trade on Friday. The stock has been trading briefly above Rs 116 per share in the last five sessions. It has touched a record high of Rs 121 per share on June 9, 2021.
Sector-wise, S&P BSE Power index slipped by over three per cent today, Adani group stocks such as Adani Green Energy, Adani Transmission and Adani Power dragging the index down by around five per cent during Friday’s trade.
Despite satisfactory Q4 results on Thursday, Power Grid tumbled by over three per cent to Rs 231.75 per share on the BSE today. And, CESC shares hitting an upper circuit of 20 per cent on the back of strong results on Thursday.
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