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Few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
BUY BALRAMPUR CHINI
CMP: Rs 150.20
TARGET: Rs 168
STOP LOSS: Rs 140
The stock has witnessed a correction from Rs 168 to bottom out at around Rs 143 where a double bottom formation pattern has been made and is now indicating a positive bullish candle formation. The RSI has made a recovery from the oversold zone and is on the rise making the stock potential for further buoyancy. We recommend a buy in this stock for an upside target of Rs 168 keeping
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