 "Two stocks that Vaishali Parekh of Prabhudas Lilladher is bullish on")
BUY SPARC | CMP: Rs 191.35 | Target: Rs 218-225 | Stop Loss: Rs 180
The stock has formed a 'higher bottom' formation on the daily chart, taking support near 190 levels. It has also reversed eralier trend and has picked up momentum with decent volume to improve the bias. The chart looks attractive for further upside movement with the RSI indicator also showing a trend reversal. It is well placed and we, therefore, suggest to buy this stock for the target of Rs 218-225, keeping the stop loss of Rs 180.
BUY INDIAN HOTELS | CMP: Rs 126.95 |
