Markets are riding fresh highs with the Dow closing above 49,000 and the S&P 500 at record levels, driven by strength in AI-related data storage and semiconductor names. Memory-chip stocks surged yesterday, and while momentum could persist short term given strong demand signals, valuations are stretched, making selectivity crucial. This week, I see opportunity in Nava Ltd., which broke resistance at ₹596 and now trades around ₹611 with upside potential toward ₹650, supported by a solid technical base. For traders, the setup favors a tactical long with a tight stop-loss, while medium-term investors should monitor semiconductor leaders like Micron and SK Hynix for sustained AI-driven tailwinds. Overall, I’d lean into semiconductors for momentum but keep risk controls sharp, as headline-driven volatility remains elevated.