Technical calls from Prabhudas Lilladher: Buy Oberoi Realty, HCL Infosystem

Few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
 
GOKALDAS EXPORTS - BUY     
CMP: Rs 98.90      
TARGET: Rs 115      
STOP LOSS: Rs 90
 
The stock has been moving in a range bound zone between 92 and 75 levels and now it has given a breakout closing above the peak of 92 level. The stock has gathered tremendous momentum with high volume participation and also with the RSI on the rise and MACD signaling a positive trend reversal, we recommend a buy in this stock for an upside target of 115