Two stocks that Vaishali Parekh of Prabhudas Lilladher is bullish on

Acquire Shriram Transport | CMP: 668 | Focus on: 820-840 | Stop Loss: 560

The stock has been transferring inside of a array amongst the channel pattern at present preserving the help around 570 amounts and has picked up with momentum with a constructive bias. The RSI also has proven a craze reversal to sign a ‘buy’ and we propose to invest in and accumulate this stock for an upside concentrate on of 820-840 amounts, maintaining the end decline of 560.

Acquire Bajaj Car | CMP: 2,445 | Focus on: 2,750-2,780 | Stop Loss: 2,300

The stock has indicated a breakout earlier mentioned the triangle pattern barrier of 2,380 amounts in the each day chart and is in a postive zone making the chart desirable and we foresee even more upward move in the coming times with constructive bias managed. We propose to invest in and accumulate this stock for an upside concentrate on of 2,750-2,780 maintaining the end decline around 2,300.

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Disclaimer: The creator could have positions in one or all of the earlier mentioned mentioned stocks. Views expressed are private