
Keep abreast of the latest in business. Get notified about stories and events as they happen.

No Thanks
Yes Please
Trading ideas from Prabhudas Lilladher for today's session
Vaishali Parekh | Mumbai Jun 29, 2017 08:04 AM IST

Photo: Shutterstock
JET AIRWAYS - BUY
CMP: Rs 569.35
TARGET: Rs 625
STOP LOSS: Rs 525
The stock has given a good run right from around 460 levels to scale 576 and after a short correction again it has produced a positive candle signifying strength to carry further the rally to new heights. With the RSI indicating a trend reversal and signaling a buy and with also the MACD which on the rise, we recommend a buy in this stock for an upside target of 625 keeping a stop loss of 525.
BHARTI AIRTEL - BUY
CMP: Rs 377.20
TARGET: Rs 415
STOP LOSS: Rs 358
The stock has been in consolidation phase for quite some time moving in a very narrow range and now there are signs of positive candle stick patterns and we anticipate a breakout from the consolidation band to scale new targets of around 415. Also the RSI has significantly given a positive trend reversal indication and hence we recommend a buy in this stock for a target of 415 keeping a stop loss of 358.
UNITED SPIRITS - BUY
CMP: Rs 2,367.95
TARGET: Rs 2,550
STOP LOSS: Rs 2,230
The stock has made a higher bottom formation pattern in the daily chart and now it has produced a decent bullish candle with decent volume participation. The RSI has also indicated a positive trend reversal and we anticipate the stock to move further to give a breakout above its previous peak level of 2520 level and scale further new heights. We recommend a buy in this stock for an upside target of 2550 keeping a stop loss of 2230.
Disclaimer: The analyst may have positions in any or all the stocks mentioned above.
Ad
Related News
Ad
Most Read
- Aadhaar-PAN linking: Only 1 day left How to do it in easy steps
- Accenture's $1.8-bn acquisition plan to act as lesson for IT firms in India
- China accuses India of disrespecting Bhutan's sovereignty, blocks Kailash yatra via Nathu La Pass
- Tough times: Cognizant defers salary hikes, promotions by three months
- No end to India,China stand-off at border tri-junction with Bhutan
More From Markets
- Sensex to reach record high by year-end on govt reforms, finds poll
- 35 stocks rally over 50% in one month; Magnum Ventures zooms 317%
- Markets pare gains; Sensex slips below 31,000 in noon deals
- Eris Lifesciences makes quiet debut, up 1% against IPO price
- Low-volatility ETF can be part of your core portfolio
- Congress joins TMC, will skip midnight GST meeting tomorrow
- Air India privatisation: IndiGo wants to buy stake in debt-laden carrier
- The writing is on the wall for Opec: It needs to cut more
- Modi says killing people in the name of cow worship is unacceptable
- Mired by ownership battle, McDonald's shuts 80% Delhi outlets as hygiene take toll
- Sensex up 200 points, Nifty above 9550 ahead of F&O expiry; Axis Bank leads
- Anil Ambani urges Sebi to ease investment, ad norms for mutual funds
- Fund raising via QIP hits eight-year high; banks lead
- 63 BSE 500 stocks buck six-day sell-off to hit fresh 52-week high
- Axis Bank gains 4% on exposure to select accounts
- Air India privatisation: IndiGo wants to buy stake in debt-laden carrier
- HMD bundles Nokia 3, 5 & 6 with additional data up to 27 GB from Vodafone
- Mired by ownership battle, McDonald's shuts 80% Delhi outlets as hygiene take toll
- Glimmer of hope for Indian IT: H-1B premium processing may start again
- Tough times: Cognizant defers salary hikes, promotions by three months