Two stocks that Vaishali Parekh of Prabhudas Lilladher is bullish on

The RSI indicator of DCB Bank has shown a trend reversal and has indicated strength to maintain a positive bias

The stock of Greenply has maintained a strong base near 78 levels and has picked up momentum to regain strength
The stock of Greenply has maintained a strong base near 78 levels and has picked up momentum to regain strength
Vaishali Parekh Mumbai
1 min read Last Updated : Nov 09 2020 | 8:07 AM IST
BUY DCB BANK | CMP: 84.30 | Target: 100-105 | Stop Loss: 74

The stock has bottomed out near 75 levels and has picked up momentum with a potential to still move upwards. The RSI indicator also showed a trend reversal recently and has indicated strength to maintain a positive bias. We anticipate further upside move in the coming days and suggest to buy and accumulate this stock for an upside target of Rs 100-105, keeping the stop loss of Rs 74.

BUY GREENPLY | CMP: 88 | Target: 110-115 | Stop Loss: 78

The stock has maintained a strong base near 78 levels and has picked up momentum to regain strength. It has potential to carry on the momentum even further on the upside. The RSI indicator has shown a trend reversal and is going strong. We anticipate further upside move in the coming days and suggest to buy and accumulate this stock for an upside target of Rs 110-115, keeping the stop loss of Rs 78.

======================
Note: All the prices are in Rs

Disclaimer: The author is an analyst with Prabhudas Lilladher. She may have positions in one or more stocks mentioned above. Views 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

Topics :Stock callstrading ideas from Prabhudas LilladherMarket technicals

Next Story