Buy Apollo Tyres, Coffee Day, says Vaishali Parekh from Prabhudas Lilladher

Few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
 
APOLLO TYRES - BUY
CMP:  Rs 234.40       
TARGET: Rs 255      
STOP LOSS: Rs 225
 
The stock has made a higher bottom formation after giving a decent correction from the peak of 254 levels and the trend has made a reversal to signal a positive bias. The RSI indicator also has indicated a buy signal by reversing it trend. We recommend a Buy in this stock for an upside target of 255 keeping a stop loss of 225.
  
COFFEE DAY ENTERPRISES -