Few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
BPCL - BUY
CMP - 719
STOP LOSS - 690
TARGET - 750
BPCL has got in to strong momentum after consolidating at 640 levels, the high of this stock is 733, we recommend you to buy this stock now & in decline for positional target 750.
PNC INFRATECH - BUY
CMP - 137
STOP LOSS - 128
TARGET - 160
PNC INFRATECH has given a breakout with very high volume on a weekly chart, the projected target is 160, we recommend a buy now & also in decline with stop loss 128.
: The analyst may have positions in any or all the stocks mentioned above.