 "Buy Bank of India, ICICI Bank, says Vaishali Parekh of Prabhudas Liladher")
Here are a few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
BUY Bank of India
CMP: Rs 133
SL: Rs 126
Target: Rs 138-140
BOI has come out of consolidation range with very high volume, rising RSI, and positive MACD. We recommend a BUY with a target of Rs 138-140.
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BUY ICICI BANK
CMP: Rs 274.75
SL: Rs 260
Target: Rs 285
ICICI Bank after correcting from Rs 289 has taken support at Rs 265 & RSI in hourly chart bouncing back from oversold indicating a good bounce in this stock. Buy this stock now in decline for positional target of Rs 285-290.
Disclaimer: The analyst may have positions in any or all the stocks mentioned above.
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