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Buy Tata Communications, Heidelberg and Bajaj Auto: Prabhudas Liladher

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

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

Tata Communications
 
CMP: Rs 705 
Stoploss: Rs 660 
Target: Rs 740-780

Tata Communications has made double bottom pattern at Rs 640 with a positive diversion on RSI daily chart. The volume is also very high. The stock looks bullish to buy now and in decline for a positional target of Rs 740 and 780.

Heidelberg Cement 
 
CMP: Rs 130 
Stoploss: Rs 120 
Target: Rs 150

Heidelberg, after correcting from Rs 140 to Rs 118, has once again bounced back and now is trading above a cluster of moving averages, ready for next upmove for

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