Suzlon can be targeted for Rs 120 and INOX Wind for Rs 254. Both the shares will make a lot of money.

Indian stock market is trading above 25900 today as Nifty is trading above 25900 while Sensex is trading above 84800. Power sector's popular stock Suzlon opened with another positive start with the market opening but now a slight decline is being seen in it although no major decline has been seen yet.

Experts have advised to buy INOX Wind instead of Suzlon.
Chartered accountant and market expert Jainee Shah has described INOX Wind as a suitable buy for intraday and short term today. While issuing expert opinion, he said that it can be bought at a price of Rs 254 and can be held for the next few days with a target of Rs 293.

However, while buying Inox Wind shares, he has mentioned the price of Rs 242 as stop loss.

What is going on in Suzlon?
Talking about Suzlon, recently Suzlon and this industry have got the biggest agreement with NTPC till date. In which the company has to supply turbines for the production of 1166 MW. This project will be set up by NTPC in Gujarat.

After this big contract, experts have given a buy rating to Suzlon Energy's stock. People are telling Suzlon for a long term target of ₹120 and 150 rupees and at the same time, investors are also continuously getting the benefit of the company being debt free, due to which this stock has given returns as a multibagger in the last two years.

Disclaimer: This is coverage on expert views on shares. Please don’t take this as direct buying advice or tip.