Stock recommendation from Prabhudas Lilladher: Buy BHEL, Marico

Marico has currently given a decent bounce with a positive bias and the RSI is also showing a trend reversal with a buy signal

BUY  BHEL |  CMP: Rs 46.05 | TARGET: Rs 55 | STOP LOSS: Rs 42

The stock has maintained a strong base near 42.50 levels with a double bottom formation on the daily chart. A decent recovery has been witnessed in the stock and the bias stays positive with a trend reversal indicated in the RSI indicator to signal a buy. With good volume participation witnessed, we recommend a buy in this stock for an upside target of 55 keeping the stop loss of 42.

BUY  MARICO | CMP: Rs 343.45 | TARGET: Rs 360 | STOP LOSS: Rs 328

The stock has