Two stocks that Vaishali Parekh of Prabhudas Lilladher is bullish on
The RSI also has shown a trend reversal to signal a 'buy' in Shriram Transport
 "Two stocks that Vaishali Parekh of Prabhudas Lilladher is bullish on")
premium
BUY Shriram Transport | CMP: 668 | Target: 820-840 | Stop Loss: 560
The stock has been moving within a range between the channel pattern currently maintaining the support near 570 levels and has picked up with momentum with a positive bias. The RSI also has shown a trend reversal to signal a 'buy' and we suggest to buy and accumulate this stock for an upside target of 820-840 levels, keeping the stop loss of 560.
BUY Bajaj Auto | CMP: 2,445 | Target: 2,750-2,780 | Stop Loss: 2,300
The stock has indicated a breakout above the triangle pattern barrier of 2,380 levels in the daily chart and is in a postive zone making the chart attractive and we anticipate further upward move in the coming days with positive bias maintained. We suggest to buy and accumulate this stock for an upside target of 2,750-2,780 keeping the stop loss near 2,300.
Disclaimer: The author may have positions in one or all of the above mentioned stocks. Views expressed are personal
Disclaimer: The author may have positions in one or all of the above mentioned stocks. Views expressed are personal
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%