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Top technical calls from Prabhudas Lilladher: Buy NIIT, Chambal Fertilisers

Few Trading Ideas By Vaishali Parekh, Research Analyst - Technical Research At Prabhudas Lilladher

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Vaishali Parekh Mumbai
Here are three stock recommendations from Prabhudas Lilladher:
 
SREI INFRA - BUY   
CMP: Rs 110.05      
TARGET: Rs 126       
STOP LOSS: Rs 103
 
The stock has made a higher bottom formation and thereafter, gradually has been moving positively and on the verge of giving a breakout above the previous peak of 116 levels. With the RSI indicator on the rise and decent volume participation, we anticipate the stock to reach the level of 126. We recommend a buy in this stock keeping a stop loss of 103 and target of 126.
 
NIIT - BUY