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Buy Granules India, Indo Count, says Vaishali Parekh of Prabhudas Lilladher

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

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Vaishali Parekh Mumbai

Last Updated : Mar 23 2017 | 8:21 AM IST

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

BUY GRANULES INDIA

CMP: Rs 136

Stoploss: Rs 127

Target: Rs 148

Granules India has got in momentum with positive RSI and higher volume. It has attempted to come out of resistance of Rs 136. A decisive move above Rs 137-138 brings more strength for an up move for target of Rs 148. We recommend a buy.

BUY INDO COUNT INDUSTRIES

CMP: Rs 195

Stoploss: Rs 188

Target: Rs 202

Indocount is already in a trending mode with higher volume and has moved and closed above resistance of Rs 192. Buy this stocks for target of Rs 202 and stoploss of Rs 188.

Disclaimer: The analyst may have positions in any or all the stocks mentioned above.