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Top trading ideas by Religare Broking.
Dabur India Limited
Recommendation: Buy
Last Close: Rs 446.25
Initiation range: Rs 438 - Rs 442
Target: Rs 460
Stop loss: Rs 432
The stock has retraced marginally of late, after the recent surge, offering fresh buying opportunity to those who had miss the chance earlier. Among the sectoral indices, FMCG is still trading comparatively stronger. Put together, conditions are favourable for further up move. Also, we believe defensive should be preferred for long trades in present market scenario.
UPL Limited
Recommendation: Buy
Last Close: Rs 796.20
Initiation range: Rs 790 - Rs 800
Target: Rs 850
Stop loss: Rs 775
UPL is gradually inching higher towards its
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