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Buy Atul Auto, Hindalco, Cox & Kings, says Prabhudas Liladher

Few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:

market flat, sensex, bse, nse, nifty, stock
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market flat, sensex, bse, nse, nifty, stock

Vaishali Parekh Mumbai
Here are a few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:

BUY ATUL AUTO

CMP: Rs 424
Stoploss: Rs 390
Target: Rs 450-480

This stock has corrected from 500 levels and made a triple bottom at Rs 400. Now with RSI showing signs of improvement in volume, this stock is ready to bounce back to Rs 450-480. We recommend a buy.

BUY HINDALCO

CMP: Rs 198
Stoploss: Rs 190
Target: Rs 215

Hindalco is already in strong trend and has got in to new round of momentum. A decisive move above Rs 200 takes it to a new