Business Standard

Two stock that Vaishali Parekh of Prabhudas Lilladher is bullish on

Escorts share price has witnessed a decent correction and has flattened out near 1290 levels to improve the bias

The stock of Ambuja Cement may see further upside movement in the coming days
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The stock of Ambuja Cements may see further upside movement in the coming days

Vaishali Parekh Mumbai
BUY AMBUJA CEM | CMP: Rs 251.05 | TARGET: Rs 270-280 | STOP LOSS : Rs 240

The stock has witnessed a short correction from 270 levels and has consolidated taking support near 244 levels, indicating a higher bottom formation pattern on the daily chart. There are signs of improvement in the bias with the RSI also showing a trend reversal and signaling a buy to anticipate further upside movement in the coming days. We suggest to buy and accumulate this stock for an upside target of Rs 270-280, keeping the stop loss of Rs 240.

BUY ESCORTS | CMP: Rs

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