Here are a few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
BUY AUROBINDO PHARMA
CMP: Rs 705
Stoploss: Rs 680
Target: Rs 750
This stock after making a double bottom at Rs 630 is now getting in to a trend making higher bottom. Above Rs 730 it would give a break-out for higher targets. We recommend a Buy.
CMP: Rs 47.8
Stoploss: Rs 42
Target: Rs 52-55
This stock has got in to a strong uptrend breaching the resistance of Rs 46.5 with very high volume. With ADX on rise & MACD also getting in positive the momentum should continue for higher targets.
: The analyst may have positions in any or all the stocks mentioned above.