 "Buy IOC, NTPC, says Vaishali Parekh of Prabhudas Liladher")
Top trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
BUY IOC
CMP: Rs 397
Stoploss: Rs 388
Target: Rs 415
IOC is already in strong uptrend and has been in a new round of momentum with RSI also bouncing from 70 levels implying good strength. High volume makes this stock positive for target of Rs 415. We recommend a BUY.
Also Read
BUY NTPC
CMP: Rs 168
Stoploss: Rs 160
TARGET: Rs 175-180
NTPC is gradually getting into a strong trend and has sustained above a cluster of moving averages with rising RSI & positive MACD. This stock is ready for further upmove to target of Rs 175-180.
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%