Here are a few trading ideas from Chandan Taparia of Anand Rathi for Wednesday's session:
BUY HERO MOTO CORP
The stock crossed and closed above Rs 3120 and moved above its consolidation phase of last three weeks. It gave the highest daily close of last twenty three trading sessions. It has formed an attractive price structure and looks attractive to head towards Rs 3220 and higher levels. It closed above its 50-DMA. Thus one can buy the stock with the stoploss of Rs 3033 for the upside target of Rs 3220.
BUY RELIANCE CAPITAL
The stock surpassed the hurdle of Rs 460 after the