 "Top stock picks by Prabhudas Lilladher: Buy IRB Infra, Dishman Pharma")
Here are a few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
IRB INFRA – BUY
CMP: Rs 244
Stop loss: Rs 234
Also Read
Target: Rs 255-258
IRB Infra on daily chart after consolidating between 230-240 levels has now given a breakout with higher volumes & rising RSI, which indicates it is ready for a new round of momentum for a target of 255-260. We recommend a BUY.
DISHMAN PHARMA - BUY
CMP: Rs 243
Stop loss: Rs 227
Target: Rs 260
Dishman Pharma is gradually getting in a trend with improving volumes. The stock has corrected from 260 levels to 200 levels with RSI bouncing back from oversold levels. Now with higher bottom formations on the daily chart, the stock is ready to re-test the previous high of 260. We recommend a BUY.
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%