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