Here are a few trading ideas from Chandan Taparia of Anand Rathi for Friday's session:
BUY CASTROL INDIA: The stock inched higher from its consolidation phase and gave the highest daily close of last twenty three trading sessions. It has been holding the support base above its 200 weekly moving average and surpassed the hurdle of 395 zones after the struggle of last five weeks. It is well placed to head towards 408 and higher levels, thus one can buy the stock with the stop loss of Rs 384 for the upside immediate target of Rs 408.
BUY IDFC:
BUY CASTROL INDIA: The stock inched higher from its consolidation phase and gave the highest daily close of last twenty three trading sessions. It has been holding the support base above its 200 weekly moving average and surpassed the hurdle of 395 zones after the struggle of last five weeks. It is well placed to head towards 408 and higher levels, thus one can buy the stock with the stop loss of Rs 384 for the upside immediate target of Rs 408.
BUY IDFC: