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Monday, December 23, 2024 | 03:06 PM ISTEN Hindi

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Two stocks that Vaishali Parekh of Prabhudas Lilladher is bullish on

MSTC's stock has been in a consolidation phase for quite some time maintaining the base near 255 levels and currently has given a bullish candle pattern in the daily chart

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Vaishali Parekh Mumbai
BUY AUROBINDO PHARMA  | CMP: Rs 1,009 | TARGET: Rs 1.150-1.200 | STOP LOSS: Rs 950

The stock has made a decent bottom near 950 level, forming a strong base, and has indicated a positive bullish candle pattern in the daily chart, moving past the significant 50-EMA level of 970 to further improve the bias. We anticipate an upward move in the coming days. The RSI is also showing a trend reversal and has signaled a buy. We suggest to buy and accumulate this stock for an upside target of 1,150-1,200 keeping the stop loss of 950. CLICK HERE

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