 "Buy Atul Auto, Hindalco, Cox & Kings, says Prabhudas Liladher")
Here are a few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
BUY ATUL AUTO
CMP: Rs 424
Stoploss: Rs 390
Target: Rs 450-480
This stock has corrected from 500 levels and made a triple bottom at Rs 400. Now with RSI showing signs of improvement in volume, this stock is ready to bounce back to Rs 450-480. We recommend a buy.
Also Read
BUY HINDALCO
CMP: Rs 198
Stoploss: Rs 190
Target: Rs 215
Hindalco is already in strong trend and has got in to new round of momentum. A decisive move above Rs 200 takes it to a new price horizon of Rs 215.
BUY COX & KINGS
CMP: Rs 208
Stoploss: Rs 195
Target: Rs 228
Cox & Kings has crossed the near term resistance of Rs 203 with rising RSI, positive MACD & higher volume. This favors an upmove to next target levels of Rs 228.
Disclaimer: The analyst may have positions in any or all the stocks mentioned above.
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%