New Delhi, Feb. 10 -- Three stocks to trade, recommended by NeoTrader's Raja Venkatraman:
* Southern Petrochemical Industries: Buy current market price and at dips to Rs.80.5, stop Rs.79.80, target Rs.90
This chemical stock, after undergoing a lot of pain, has shown a strong breakout as buying momentum got built. After biding some time and absorbing the volatility, we can look at the prices looking to extend next week. The steady upward bounce has pushed the RSI above 60, highlighting the bullish possibility.
* Strides Pharma: Buy above Rs.750, stop Rs.733 target Rs.825
This counter is showing some steady upward bias after crossing the 'kumo' region around 725 levels in the last week, highlighting some steady resolve on the way up. A ...
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