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Top trading ideas for today: Buy REC, PFC and Aptech

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

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Vaishali Parekh Mumbai
Few Trading Ideas By Vaishali Parekh, Research Analyst - Technical Research At Prabhudas Lilladher:
 
RURAL ELECTRIFICATION CORPORATION - BUY
CMP: Rs 191.55   
TARGET: Rs 220   
STOP LOSS: Rs 178
 
The stock has been consolidating at around 188 levels for some time maintaining a strong base and now it has moved making a bullish candle pattern to come out of the consolidation phase. The RSI indicator has reversed its trend to turn positive and signaling a buy. Along with good volume participation, we recommend a buy in this stock for an upside target of 220 keeping a