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Despite Its Fall From Grace, Tesla Remains A Bubble Stock (NASDAQ:NVDA)

Despite Its Fall From Grace, Tesla Remains A Bubble Stock (NASDAQ:NVDA)
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Ashok Leyland share price: Technical Stock Pick: Ashok Leyland looking weak; time to sell?

Ashok Leyland Ltd, a company in the automobile space, has fallen over 10% from its August 2023 high. Chart patterns suggest further weakness. Short-to-medium-term traders can sell the stock for a target around 150 levels in the next 1-2 months. The stock closed at Rs 170.25 on 24 January 2024, down more than 10%. Short-term indicators indicate a bearish bias. If the auto index faces resistance, Ashok Leyland stock price could face additional pressure.

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nifty: Nifty to head towards 22-23K in a couple of months; 2 pharma stocks to buy: Mileen Vasudeo

Mileen Vasudeo says: “I am recommending two stocks here. One is Zydus Life which last time I had seen at Rs 730. Keep a stop loss of Rs 685, target would be Rs 769-797 levels. The second stock is by Divis Lab, currently trading at Rs 5,922. One can keep a stop loss of Rs 5,800 on the higher side. Yes, Rs 6,114-6,240 could be possible.”

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Daily Voice | Why this market veteran is overweight on domestic cyclicals but finds FMCG not attractive

Alok Agarwal of Alchemy is positive on the Power sector. Within that, he is also positive on green energy/ renewable energy (RE).

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Nifty Indices: Nifty Auto index advances 0 35% in an upbeat market, ET Auto

Nifty Indices: Hero MotoCorp Ltd.(up 3.84 per cent), Bajaj Auto Ltd.(up 3.25 per cent), TVS Motor Company Ltd.(up 2.02 per cent), Balkrishna Industries Ltd.(up 1.9 per cent) and Eicher Motors Ltd.(up 1.59 per cent) were among the top gainers.

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