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Market tracker: Buy Motherson Sumi, Hero MotoCorp and Power Finance

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

Vaishali Parekh  |  Mumbai 

Few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher: BUY MOTHERSON SUMI CMP: Rs 470.05 TARGET: Rs 500 STOP LOSS: Rs 450 The stock has been in a good rally and recently from the peak level of around Rs 493, it gave a small correction and from the low of Rs 458, it has now made a positive candle formation. We now anticipate the stock to move again still further to move past the previous peak of Rs 493.

We recommend a buy in this stock for an upside target of Rs 500 keeping a stop loss of Rs 450. BUY HERO ...

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First Published: Wed, June 28 2017. 08:22 IST
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