Stock picks by Vaishali Parekh of Prabhudas Lilladher: Buy IRCTC, IGL

IRCTC has given a decent rally recently and now, after a brief consolidation, has again given a breakout and we anticipate further upside move in the coming days

BUY IRCTC | CMP: 1,638.60  | TARGET: 1,950-2,000 | STOP LOSS: 1400

The stock has given a decent rally recently and now, after a brief consolidation, has again given a breakout and we anticipate further upside move in the coming days. The RSI has indicated a trend reversal and with indicators looking favorable, we suggest to buy and accumulate this stock for further upside target of Rs 1,950-2,000, keeping the stop loss near Rs 1,400.

BUY IGL | CMP: 471 | TARGET: 530 | STOP LOSS: 450

The stock has corrected well from the peak of 534 levels and has taken support near