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Sunday, January 19, 2025 | 02:11 PM ISTEN Hindi

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Two stocks that Vaishali Parekh of Prabhudas Lilladher is bullish on

The chart looks attractive for further upside movement in SPARC with the RSI indicator also showing a trend reversal

Two stocks that Vaishali Parekh of Prabhudas Lilladher is bullish on
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The stock of Indian Hotels has been in consolidation for quite some time with 122 levels as a strong base

Vaishali Parekh Mumbai
BUY SPARC | CMP: Rs 191.35 | Target: Rs 218-225 | Stop Loss: Rs 180

The stock has formed a 'higher bottom' formation on the daily chart, taking support near 190 levels. It has also reversed eralier trend and has picked up momentum with decent volume to improve the bias. The chart looks attractive for further upside movement with the RSI indicator also showing a trend reversal. It is well placed and we, therefore, suggest to buy this stock for the target of Rs 218-225, keeping the stop loss of Rs 180.

BUY INDIAN HOTELS | CMP: Rs 126.95 |

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