Top trading ideas by Ventura Securities: Buy Bajaj Electricals, Mukund

All the stocks are trading above their respective important averages, indicating upward bias

Bajaj Electricals

CMP: Rs 1,140

Target Price: Rs 1,400-1,700

Buy Area- (1,103-1,063)-1,031-(1,000-980)

Stop loss: 980

Bajaj Electricals started its recent up move from 474 in December, 2020 and touched a high of 859 in January, 2021. After a minor correction, it saw an aggressive buying, supported by volumes with gap-ups and reached a high of 1,124 in February, 2021. Again, it was subject to minor profit booking after which the stock made bottoms at 925 and 895. 
 

Once again, the stock started its up move and, in a straight-run, made a high of 1,168 on