Stock recommendation from Prabhudas Lilladher: Buy L&T, Tata Motors

For Tata Motors, the RSI has shown a trend reversal from the highly oversold zone to signal a buy and has maintained a positive bias

BUY LARSEN & TOUBRO | CMP: Rs 1,365.70 | TARGET: Rs 1,500 | STOP LOSS: Rs 1,300

The stock has slowly and steadily picked up momentum and has given a breakout above 1,360 levels to imply strength. This has improved the bias with potential to rise further in the coming days. The RSI has also maintained the uptrend and is indicating strength for further positive movement. With good volume participation witnessed, we suggest to buy and accumulate this stock for an upside target of Rs 1,500, keeping the stop loss near Rs 1,300 levels.

BUY TATA MOTORS | CMP: Rs 188.05 |