Top three stock picks is not just a transactional development but a strategic event in the energy sector.
It reflects industry shifts, policy alignment, and cross-border cooperation that could reshape the market.
Stock Recommendations:NSE scrip – Ashok Leyland View – BullishLast close – ₹131Ashok Leyland stock price continue to trend higher in a steady, higher-top, higher-bottom formation, recently breaking past a key resistance level and confirming a bullish continuation setup. The breakout occurred with a Bullish Tasuki Gap, which not only highlights strong trend momentum but is also acting as a solid support zone on declines. Adding to the positive structure, the RSI across all major time frames has crossed above 60, reinforcing the strength of the uptrend and supporting a constructive outlook. Hence, we recommend ‘Buy’ Ashok Leyland around ₹131 – 129 | SL: ₹124 | TGT: ₹145NSE scrip – Dixon Technologies (India) View – BullishLast close – ₹883Share price of Dixon Technologies has broken out of a multi-month resistance with strong volumes and a bullish candlestick, confirming underlying strength. A golden crossover of the 50-EMA above the 200-SMA adds positive long-term implications, while prices moving above the 61.8% retracement of the decline from all-time highs signals a likely resumption of the primary uptrend. Importantly, volumes are aligning with the trend — rising during up moves and easing during dips — which validates the sustainability of the ongoing bullish structure. Hence, we recommend ‘Buy’ Dixon around ₹17,855 – ₹17,800 | SL: ₹16,770| TGT: ₹19,900NSE scrip – NMDCView – BullishLast close – ₹74.5After consolidating in a range for the past few months, NMDC stock has broken out this week, confirming a symmetrical triangle bullish pattern. Such breakouts typically pave the way for strong trending moves, and this one is reinforced by a bullish candlestick with high volumes. Adding to the conviction, prices are trading well above key moving averages, underscoring the strength of the overall positive structure. Hence, we recommend ‘Buy’ NMDC around ₹74.5 – ₹73.5 | SL: ₹71 | TGT: ₹81 (Disclaimer: Rajesh Bhosale is equity technical analyst at Angel One Ltd. Views expressed are his own.)
Top three stock picks Analysis
This agreement highlights both immediate business gains and long-term regional implications.
It must be understood through the lens of demand growth, renewable transition, and geopolitical strategy.
Causes
– Rising energy demand and the global clean energy transition.
– Regional cooperation goals between India and its neighbors.
– Company diversification into renewable and sustainable power.
Immediate Effects
– Boosts credibility in renewable energy initiatives.
– Attracts investor confidence and policy alignment.
– Generates capital inflows into regional projects.
Medium-to-Long-Term Effects
– Enhances national and regional energy security.
– Deepens trade and economic integration.
– Increases competition among power producers.
Risks and Challenges
– Potential delays due to financing, land, and environmental approvals.
– Cross-border tariff and regulatory negotiations.
– Seasonal hydro variability impacting consistent supply.
Conclusion
The Top three stock picks is a strategic win–win. It aligns corporate diversification with national clean energy goals while unlocking long-term regional cooperation.
Its real impact will depend on execution efficiency, tariff clarity, and geopolitical balance.
