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Buy Ceat and DHFL, says Vaishali Parekh of Prabhudas Lilladher

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

bull market, rise, rally, sensex, share
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bull market, rise, rally, sensex, share

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

Buy Ceat 

CMP: 1230
Stoploss: Rs 1150 
Target: Rs 1280-1300

The stock on daily chart is in process of higher bottom formation after taking support of 200-DMA, with rise in volume and rising RSI. This stock needs to cross Rs 1,245 decisively for higher targets of Rs 1280-1300. We recommend a BUY on the stock.

Buy Dewan Housing Finance Corporation 

CMP: Rs 343 
Stoploss: Rs 330 
Target: Rs 360-365

DHFL is already in a strong trend, and now has crossed the all time high of Rs 339 with higher volume. A close

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