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Two stock recommendations by Vaishali Parekh of Prabhudas Lilladher

Stocks of PTC India and Indo Count can see a 10-14 per cent upside from current levels

Markets, Stock market, sensex, stock market indices
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Illustration: Ajay Mohanty

Vaishali Parekh Mumbai
BUY PTC INDIA
CMP: Rs 98.30
TARGET: Rs 110-114
STOP LOSS: Rs 94

The stock has corrected well from Rs 112, bottoming out near the trendline support zone of Rs 94 level, and is indicating a positive candle with improved bias. Basis on the development, one can anticipate further upside move in the coming days. The RSI also has indicated a trend reversal, signaling a 'Buy'. We suggest to buy and accumulate the stock for an upside target of Rs 110-114 levels keeping the stop loss at Rs 94. CLICK HERE FOR THE CHART

BUY INDO COUNT
CMP: Rs 273.65
TARGET: Rs 310-320
STOP LOSS: Rs 255