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Few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
TATA GLOBAL BEVERAGES
CMP: Rs 178.75
TARGET: Rs 200
STOP LOSS: Rs 162
The stock after having a small correction has pulled back strongly and the two big positive candles indicate strength and potential to run further upward and scale new targets. The RSI indicator also has given a strong reversal in the trend signaling a buy and with good volume activity visible, we recommend a buy in this stock for an upside target of 198 keeping a stop loss of 160.
ESCORTS
TATA GLOBAL BEVERAGES
CMP: Rs 178.75
TARGET: Rs 200
STOP LOSS: Rs 162
The stock after having a small correction has pulled back strongly and the two big positive candles indicate strength and potential to run further upward and scale new targets. The RSI indicator also has given a strong reversal in the trend signaling a buy and with good volume activity visible, we recommend a buy in this stock for an upside target of 198 keeping a stop loss of 160.
ESCORTS
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