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Few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
MARUTI SUZUKI - BUY
CMP: Rs 6,878.85
TARGET: Rs 7,200
STOP LOSS: Rs 6,700
The stock has made a higher bottom formation with high tremendous volume participation and with a positive candle pattern has indicated a buy signal. With rising RSI and other favourable indicators, we recommend a buy in this stock for an upside target of 7200 keeping a stop loss of 6700.
M&M - BUY
CMP: Rs 1,331.75
TARGET: Rs 1,400
STOP LOSS: 1,300
MARUTI SUZUKI - BUY
CMP: Rs 6,878.85
TARGET: Rs 7,200
STOP LOSS: Rs 6,700
The stock has made a higher bottom formation with high tremendous volume participation and with a positive candle pattern has indicated a buy signal. With rising RSI and other favourable indicators, we recommend a buy in this stock for an upside target of 7200 keeping a stop loss of 6700.
M&M - BUY
CMP: Rs 1,331.75
TARGET: Rs 1,400
STOP LOSS: 1,300
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