Three stock ideas by Osho Krishan of Anand Rathi: Buy Bajaj Consumer, MCX

MCX witnessed a splurge in the last trading session on the back of robust volumes and breached its consolidation zone

BUY BAJAJ CONSUMER CARE | TARGET: Rs 324 | STOP LOSS: Rs 280

Bajaj Consumer Care has been consolidating in a narrow zone for the past few trading weeks. Although in the last session, it witnessed some surge which was backed by an increase in average traded volumes, indicating strength in its up-move. The stock has been trading in the cycle of higher highs higher bottoms since the Covid lows, suggesting an overall positive stance in the counter which is even backed by the RSI index that is comfortably surging northwards post positive crossover.

BUY MCX | TARGET: Rs 1,710 | STOP