Two PSU stocks that Vaishali Parekh of Prabhudas Lilladher is bullish on

The stock of State Bank of India has taken support near 180-levels which has formed a good base and has picked up momentum to improve the bias

BUY STATE BANK | CMP: Rs 198 | Target: Rs 230-240 | Stop Loss: Rs 180

The stock has taken support near 180-levels which has formed a good base and has picked up momentum to improve the bias. The RSI indicator has also indicated a trend reversal from the oversold zone and is going strong. With the chart looking attractive, we suggest to buy and accumulate this stock for an upside target of Rs 230-240 levels, keeping the stop loss of Rs 180.

BUY HPCL | CMP: Rs 176 | Target: Rs 200 | Stop Loss: Rs 163

The stock has