Top three trading calls for Wednesday's trade by Prabhudas Liladher

 

Few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:

BUY SINTEX 

CMP: Rs 116

Stoploss: Rs 110

Target: Rs 130

Sintex is already in a strong trend, now getting in new round of momentum with high volume & rising RSI. The stock is getting ready for a take off, a decisive move past Rs 118 gives an upside projected target of Rs 130. We recommend a BUY. 

BUY BINANI INDUSTRIES 

CMP: Rs 87.45

Stoploss: Rs 82

Target: Rs 95

This stock is in process of making higher-bottom formation after taking support of cluster of moving averages. Volume is also on rise.