Stocks that Prabhudas Lilladher is bullish on: Buy Biocon, Eicher Motors

Biocon has maintained a strong base near 280 levels which is a good support level and currently has indicated a positive bullish candle pattern to imply strength

BUY BIOCON

CMP: Rs 287.80

TARGET: Rs 320

STOP LOSS: Rs 278 

The stock has maintained a strong base near 280 levels which is a good support level and currently has indicated a positive bullish candle pattern to imply strength and has potential to rise further in the coming days. The RSI has shown a trend reversal to signal a buy and with the chart looking attractive, we suggest to buy this stock for an upside target of Rs 320 keeping the stop loss near Rs 278.                

BUY  EICHER MOTORS

CMP: