Top trading ideas for today's trade by Prabhudas Lilladher

Here are a few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:

Buy SINTEX 

CMP: Rs 100.8 

Stoploss: Rs 90 

Target: Rs 115

Sintex on a weekly chart is getting in new price territory with improving volumes and RSI on weekly chart being at Rs 65, implies strength in stock for further up move. We recommend a BUY.

Buy TATA MOTORS DVR 

CMP: Rs 292.8 

Stoploss: Rs 280 

Target: Rs 315

This stock after correcting from 346 levels, made a low of Rs 267, now with RSI bouncing from oversold zone, this stock is gradually getting into a trend to bounce back to Rs 320. We recommend a BUY

Buy HINDALCO

CMP: Rs 198.7 

Stoploss: Rs 190 

Target: Rs 215

Hindalco is already in a strong upmove. It has got in new round of momentum with higher volume, across previous high of Rs 202 gives it a further upside potential of Rs 215, RSI & MACD on daily chart supports the view. We recommend a BUY.

Disclaimer: The analyst may have positions in any or all the stocks mentioned above.