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Two stock recommendations by Vaishali Parekh of Prabhudas Lilladher

The RSI indicator for HUL share (Hindustan Unilever share) has suggested a trend reversal to signal a buy

The stock of VRL Logistics is moving ahead with potential to rise further
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The stock of VRL Logistics is moving ahead with potential to rise further

Vaishali Parekh Mumbai
BUY HIND UNILEVER | CMP: Rs 2,184  | TARGET: Rs 2,350-2,400 | STOP LOSS: Rs 2,090

The stock has maintained a good base near 2100 levels and has now moved past the 200-DMA moving average to improve the bias along with a positive candle formation in the daily chart. The RSI indicator has also suggested a trend reversal to signal a buy. With the chart looking attractive, we suggest to buy and accumulate this stock for an upside target of 2,350-2,400, keeping the stop loss of 2,090.

BUY VRL LOGISTICS | CMP: Rs 186.80 | TARGET: Rs 210-220 | STOP