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Technical calls: Buy SCI, Indiabulls Housing and Jubilant Life

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

sensex, bse
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Sensex, Nifty gain 2.5% on the back of huge foreign inflow, hope of reforms getting speedier.

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

BUY  INDIABULLS HOUSING FINANCE
  
CMP : Rs 1106 
TARGET : Rs 1180  
STOP LOSS: Rs 1060

The stock is in a trending mode and with good volume participation, it has rallied to scale new heights. We anticipate this stock to reach Rs 1170-1180 and with all indicators in favourable condition, we recommend a buy in this stock for an upside target of Rs 1180, keeping a stop loss of Rs 1060.

BUY  SHIPPING CORPORATION 
   
CMP : Rs 79.90   
TARGET: Rs 85  
STOPLOSS: Rs 76

The stock has made a higher-bottom pattern