 "Sensex, Nifty gain 2.5% on the back of huge foreign inflow, hope of reforms getting speedier.")
Few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
BUY INDIABULLS HOUSING FINANCE
CMP : Rs 1106
TARGET : Rs 1180
STOP LOSS: Rs 1060
The stock is in a trending mode and with good volume participation, it has rallied to scale new heights. We anticipate this stock to reach Rs 1170-1180 and with all indicators in favourable condition, we recommend a buy in this stock for an upside target of Rs 1180, keeping a stop loss of Rs 1060.
BUY SHIPPING CORPORATION
CMP : Rs 79.90
TARGET: Rs 85
STOPLOSS: Rs 76
The stock has made a higher-bottom pattern
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