 "Sensex, Nifty gain 2.5% on the back of huge foreign inflow, hope of reforms getting speedier.")
Here are three stock recommendations from Prabhudas Lilladher:
BUY Rural Electrification Corporation
CMP: Rs 187.95
TARGET: Rs 215
STOP LOSS: Rs 180
The stock has made a decent correction from Rs 222, and has been consolidating at 186 level. With the RSI indicator at oversold zone, we anticipate a turnaround from hereon and with decent volume participation building up, we recommend a buy in this stock for an upside target of Rs 215 keeping a stop loss of Rs 180.
BUY DHFL
CMP: Rs 431.45
TARGET: Rs 470
STOP LOSS: Rs 415
The stock, after making a higher bottom formation in the daily
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