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Top two trading ideas by Vaishali Parekh of Prabhudas Liladher

Few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher

market flat, sensex, bse, nse, nifty, stock
market flat, sensex, bse, nse, nifty, stock
Vaishali Parekh Mumbai
Last Updated : Mar 21 2017 | 8:24 AM IST
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.

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A2Z INFRA

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.

Disclaimer: The analyst may have positions in any or all the stocks mentioned above.