Top technical calls for today's trade buy escorts, glenmark pharma

Top technical calls for today's trade: Buy Escorts, Glenmark Pharma

STOCK MARKET - Few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher: TATA GLOBAL BEVERAGES CMP : Rs 178.75 TARGET: Rs 200

STOP LOSS: Rs 162 The stock after having a small correction has pulled back strongly and the two big positive candles indicate strength and potential to run further upward and scale new targets.

The RSI indicator also has given a strong reversal in the trend signaling a buy and with good volume activity visible, we recommend a buy in this stock for an upside target of 198 keeping a stop loss of 160.

ESCORTS - BUY CMP: Rs 611.55 TARGET: Rs 665 STOP LOSS: Rs 560 The stock has made a lower bottom formation pattern in the daily chart and now it has recovered strongly to make a pullback rally. We anticipate further upward movement in the coming days and with RSI indicator also making a positive trend reversal and with decent volume participation, we recommend a buy in this stock for an upside target of 665 keeping a stop loss of 560.

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