Few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
BUY SHRIRAM TRANSPORT FINANCE
BUY SHRIRAM TRANSPORT FINANCE
CMP: Rs 998.15
TARGET: Rs 1200
STOP LOSS: Rs 960
The stock has again consolidated at around Rs 965, which is a strong support. At regular intervals, it has gathered momentum from these levels. The stock has made a positive bullish candle pattern in the daily chart and also the RSI indicator has reversed its trend signaling a buy with a positive bias. We recommend a buy in this stock for an upside target of Rs