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Few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
BUY JINDAL STEEL
CMP: Rs 118.50
TARGET: Rs 135
STOP LOSS: Rs 110
The stock has been consolidating around the range of Rs 108 to Rs 116 for quite some time and now it has given a breakout with decent volume. The RSI indicator also has signaled a Buy by reversing its trend in the positive direction. We recommend a positional buy in this stock keeping a stop loss of Rs 110 for an upside target of Rs 135.
BUY KOTAK BANK
CMP: Rs 956.50
TARGET:
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