 "Be wary of buying and selling in secondary market")
Here are a few trading ideas from Chandan Taparia of Anand Rathi for Monday’s session:
BUY INDIGO (INTERGLOBE AVIATION)
The stock inched higher from its hurdle of 927 levels and gave the highest daily close of last forty seven trading sessions. It witnessed a strong rally even after the profit booking decline seen in the broader market indicating strength in the counter. It looks attractive in terms of risk reward ratio thus recommending to buy the stock with the stop loss of Rs 895 for the upside immediate target of Rs 945 levels.
The stock inched higher from its hurdle of 927 levels and gave the highest daily close of last forty seven trading sessions. It witnessed a strong rally even after the profit booking decline seen in the broader market indicating strength in the counter. It looks attractive in terms of risk reward ratio thus recommending to buy the stock with the stop loss of Rs 895 for the upside immediate target of Rs 945 levels.
BUY ITD CEMENTATION INDIA
The stock surpassed
The stock surpassed
