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Two stocks that Vaishali Parekh of Prabhudas Lilladher is bullish on

The RSI on GIC Housing Finance's chart is showing a trend reversal and the chart looks good too for the further upside

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Vaishali Parekh New Delhi
BUY GIC HSG FIN | CMP: Rs 160.85 | TARGET: Rs 188 | STOP LOSS: Rs 151 

The stock has been in consolidation for quite some time at around 155 levels and currently has indicated a positive bullish candle with huge volume participation, implying strength and potential for further upside move. With the RSI also showing a trend reversal the bias has turned positive and with the chart looking good, we suggest to buy and accumulate this stock for an upside target of Rs 188 keeping the stop loss at Rs 151.

BUY  PHILLIPS CARBON | CMP: Rs 144.20 | TARGET: Rs