 "Two stocks that Vaishali Parekh of Prabhudas Lilladher is bullish on")
BUY RELIANCE INDS | CMP: 1,459.40 | TARGET: 1,700-1,750 | STOP LOSS: 1,300
The stock has corrected from the peak of 1,600 and is currently showing signs of reversal bottoming our near 1,415 levels and we anticipate a bounce back from hereon for further upward move in the coming days. With the RSI also improving, we suggest to buy and accumulate this stock for an upside positional target of 1,700-1,750, keeping the stop loss near 1,300.
BUY EICHER MOTORS | CMP: 14,100 | TARGET: 18,000 | STOP LOSS: 12,000
The stock has been gradually rising with an improved bias and also with the RSI steadily in a rising trend has signified strength and has potential to carry on the momentum further in the coming days. We suggest to buy and accumulate this stock for an upside positional target of 18,000, keeping the stop loss near 12,000.
==================================
Disclaimer: All the stock prices mentioned are in rupee denomination unless othwerise stated. Views expressed are the author's own.
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%