Here are a few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
BUY YES BANK
CMP: Rs 1,518
Stop Loss: Rs 1,470
Target: Rs 1,580
The stock is already in a strong trend. After retracing to support levels of 1,450, it has got back its momentum for targets of 1,550-1,580. We recommend a buy.
BUY INFOSYS
CMP: Rs 1,040
Stop Loss: Rs 1,000
Target: Rs 1,100
Infosys has closed above 200-DMA with rising RSI and good volume. We recommend buying now, and on declines, with a stop loss of Rs 1,000 for a target of Rs 1,100.
BUY LUPIN
CMP: Rs 1,490
Stoploss: Rs 1,440
Target: Rs