BUY
Aditya Birla Fashion Retail (ABFRL)
Buy Near: Rs 255
Target: Rs 285
Stop Loss: RS 240
First of all; the stock has entered an oversold zone after a corrective move of around three months. The weekly RSI is now at a multiple support zone and historically this has resulted in bullish reversal most of the time.
At this point in time; the risk reward looks good to go long. Thus, we advise traders to go long in the stock near Rs 255 with a stop loss of Rs 240.
BUY
EASEMYTRIP
Buy Near: Rs 52.50
Target: Rs 60
Stop Loss: Rs 48.50
The stock is resting at