I have NMDC shares. My purchase price is ₹65. What is the long-term outlook?

Sharad S Chandak, Bhopal

NMDC (₹89): The outlook is bullish. Strong support is in the ₹72-70 region. The stock has potential to target ₹125 in a year or so. This rise may happen at a gradual pace also. So, you need to have patience to hold this stock. Keep a stop-loss at ₹69 now so that you can protect some profit. Move the stop-loss higher to ₹81 as soon as the stock goes up to ₹92.

Revise the stop-loss further higher to ₹95 and ₹110 when the price touches ₹107 and ₹118 respectively. Exit the stock at ₹125. In the past, there has been a sharp fall every time the stock goes up to ₹130. So, you will have to exit at ₹125 rather than becoming more greedy at that point of time.

What is the outlook for IDBI Bank? Is it a good time to enter this stock now?

Rahamath M, Coimbatore

IDBI Bank (₹76): After tumbling over 47 per cent last month, the stock is struggling to recover. The recent bounce seems to lack strength. For now, it looks like one more leg of fall to ₹62 or even ₹56 is possible. If the price falls from here, then you can buy at ₹64 and ₹58. Keep the stop-loss at ₹38. Trail the stop-loss up to ₹74 as soon as the stock goes up to ₹92.

Move the stop-loss further up to ₹88 and ₹104 when the price touches ₹102 and ₹125 respectively. Exit the stock at ₹145. This rise to ₹145 can take a very long time. May be two years or even more. So, you will need a lot of patience if you decide to take this trade.

I have shares of GNA Axles bought around ₹320. What are the prospects? Kindly advise.

Navendu Sharma, Patna

GNA Axles (₹429): The broader picture is positive. A possible cup and handle pattern is getting formed on the chart. A short-term dip to ₹390 is a possibility. Cluster of supports are there in the ₹390 and ₹360 region which can limit the downside. Resistance is around ₹470 which is holding well for now. The stock can break this resistance if not immediately but eventually.

Such a break can take GNA Axles share price higher to ₹625 in the long term. Keep a stop-loss at ₹345 and hold the stock. Move the stop-loss higher to ₹420 as soon as the stock goes up to ₹480. Revise the stop-loss higher to ₹490 and ₹540 when the price touches ₹530 and ₹590 respectively. Exit the stock at ₹610.

I have bought Ganesh Housing at ₹910, What is the outlook? Can I continue to hold?

Patchaiyappan, Chennai

Ganesh Housing (₹643): The stock is in a strong downtrend since February last year. The recent bounce from around ₹503 looks just like a corrective rise. A crucial resistance is around ₹700. Failure to rise past this hurdle can drag the share price down to ₹450 in the coming months. In case the stock manages to breach ₹700, an extended rise to ₹800-₹830 can be seen.

It is better to exit the stock and accept the loss rather than waiting with a hope for the price to rise. Always remember to have a stop-loss in first place at the time of entering any trade. All the more important is strictly adhering to the stop-loss. This will help you come out of any wrong trade with minimum loss.

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Published on April 25, 2026