Top two trading ideas by Vaishali Parekh of Prabhudas Liladher

Here are a few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:


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.

Business Standard is now on Telegram.
For insightful reports and views on business, markets, politics and other issues, subscribe to our official Telegram channel