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Top three trading calls from Prabhudas Lilladher for Friday's trade

Few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher

Vaishali Parekh  |  Mumbai 

Nifty, Sensex, BSE, NSE, markets

Few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:

BUY RCF 

CMP: Rs 86.7
Stop loss: Rs 80
Target: Rs 100

is already in a good uptrend, after consolidating at Rs 77-83 levels. It has got in the new round of momentum with high volume. This stock has an upside target of Rs 100. We recommend a BUY.

BUY SCHNEIDER

CMP: Rs 154.6
Stoploss: Rs 148

This stock has corrected from Rs 200. After making a low at Rs 128 levels, it has bounced back and sustained above a cluster of moving averages. It has also closed above the previous resistance of Rs 153. This stock is ready on a road to recovery. We recommend a BUY.

BUY EXIDE INDUSTRIES 

CMP: Rs 238
Stoploss: Rs 232
Target: Rs 250-260

The stock above Rs 234 has got into a new price range with RSI showing new round of momentum. This stock looks positive for projected target of Rs 250-260.

Disclaimer: The analyst may have positions in any or all the stocks mentioned above.

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