 "Markets, Buy, Sell, Stocks")
Top trading ideas by Religare Broking for today:
DCB Bank
Rec: BUY
Last Close: Rs 173.70
Initiation range: Rs 172-175
Target: Rs 190
Stop loss: Rs 166
DCB Bank has been gradually rebounding for last one month and likely to witness resistance breakout in near future. The chart pattern combined with indications from the sectoral index is pointing towards strong surge ahead. We advise accumulating fresh longs in the given range.
Biocon
Rec: BUY
Last Close: Rs 612.30
Initiation range: Rs 610-615
Target: Rs 660
Stop loss: Rs 592
After retesting its support zone of 200 EMA on the daily chart, BIOCON has swiftly rebounded of late and looks upbeat to maintain this uptrend momentum.
