Technical calls by Religare Broking: Buy Maruti Suzuki, Just Dial

Top trading ideas by Religare Broking:

Maruti Suzuki India Limited

Rec: BUY

Last Close: Rs 9,445.40

Initiation range: Rs 9,400-9,430

Target: Rs 9,780

Stop loss: Rs 9,230

MARUTI has been strongly maintaining its uptrend since 2012 and showing tremendous

resilience in the prevailing corrective phase too. It has taken a pause of late after the

strong up move, offering fresh buying opportunity. Traders are advised to initiate fresh

long position in the given range.

Just Dial Limited

Rec: BUY

Last Close: Rs 586.35

Initiation range: Rs 580-585

Target: Rs 620

Stop loss: Rs 560

JUSTDIAL has been consolidating in a broader range of 520-600 for one and half month

and likely to witness fresh breakout from the same.