Trading ideas by Prabhudas Lilladher: Buy DCW, Indraprastha Gas

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

 

DCW - BUY

CMP – Rs 36.9

STOP LOSS – Rs 34

TARGET – Rs 42 WTC

 

DCW has been moving with high volume with favorable indicators, MACD is in positive.RSI on rise , ADX also on rise indicating strength in this stock , we recommend a BUY.

 

SURYA ROSNI - BUY

CMP – Rs 215

STOP LOSS– Rs 200

TARGET – Rs 230

 

SURYA ROSHNI   has been in consolidation between 180-200 levels, now above a cluster of moving averages, ready to get in to an uptrend for higher targets.

  

INDRAPRASTHA GAS - BUY

CMP – Rs 1,062

STOP LOSS –Rs 1,020

TARGET – Rs 1,100

 

IGL has got in new round of momentum with high volume, rising RSI, now needs to cross the previous high of 1,072 for higher target of 1,080-1,100.

 

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