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Stock recommendations by Vaishali Parekh: Buy Hero MotoCorp, BPCL

The RSI has recently indicated a trend reversal and is on the rise to show strength in BPCL

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Vaishali Parekh Mumbai
BUY BPCL | CMP: Rs 397.40 | TARGET: Rs 440-450  | STOP LOSS: Rs 370

The stock has picked up well, taking support from near the 200-DMA moving average level of 370 and has showed improvement in the bias. The RSI also has recently indicated a trend reversal and is on the rise to show strength and has potential to rise further in the coming days. With the chart looking good, we suggest to buy and accumulate this stock for an upside target of 440-450 keeping the stop loss of 370.

BUY HERO MOTOCO | CMP: Rs 3,185.30 | TARGET: Rs

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