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Top trading ideas by Prabhudas Lilladher: Buy Bajaj Auto, IGL

The RSI has indicated a trend reversal from the oversold zone for IGL and signaled a buy coupled with good volume participation

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Vaishali Parekh Mumbai
BUY IGL | CMP: Rs 417.85 | TARGET: Rs 450 | STOP LOSS: Rs 400

The stock has taken support near 410 levels and made a higher bottom pattern on the daily charts that imply strength and potential to rise further in the coming days. The RSI has indicated a trend reversal from the oversold zone and signaled a buy coupled with good volume participation witnessed. We suggest to buy and accumulate the stock for an upside target of Rs 450 keeping the stop loss near 400 levels.

BUY BAJAJ AUTO | CMP: Rs 3,059.25 | TARGET: Rs 3,300 | STOP LOSS: