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Few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
MOTHERSON SUMI - BUY
CMP: Rs 423.60
TARGET: Rs 450
STOP LOSS: Rs 413
The stock has made a tremendous run in the past 4-5 months and the bullish trend is intact and has been maintained and we anticipate this stock to continue its up move further till 450 levels. The RSI has made a trend reversal and indicated a buy signal and with high volume participation from the market players, we recommend a Buy in this stock for an upside
MOTHERSON SUMI - BUY
CMP: Rs 423.60
TARGET: Rs 450
STOP LOSS: Rs 413
The stock has made a tremendous run in the past 4-5 months and the bullish trend is intact and has been maintained and we anticipate this stock to continue its up move further till 450 levels. The RSI has made a trend reversal and indicated a buy signal and with high volume participation from the market players, we recommend a Buy in this stock for an upside
