HomeNewsBusinessStocksBuy United Spirits, Divis Lab, PFC: AK Prabhakar

Buy United Spirits, Divis Lab, PFC: AK Prabhakar

Divis Laboratories is consistently making all time high and the stock is poised to cross Rs 1,400 and target is Rs 1,440. The stock is in a bull grip and what moves higher normally move higher in short to medium-term, says AK Prabhakar, Independent Advisor.

January 25, 2014 / 11:22 IST
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In CNBC-TV18's popular show Bull's Eye, AK Prabhakar, Independent Advisor shares his trading strategies for the day.

All time high of United Spirits is Rs 2,815 and once that is taken off, a rally of 8-10 percent is on cards. It is looking good on charts and just need a small trigger.

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Divis Laboratories is consistently making all time high and the stock is poised to cross Rs 1,400 and target is Rs 1,440. The stock is in a bull grip and what moves higher normally move higher in short to medium-term.

Power Finance Corporation (PFC) has been correcting and it has been in a highly oversold zone. Now there is a double bottom formation and a rally is on the cards. So, we have given PFC and a pullback rally on PFC, Rural Electrification Corporation (REC) is possible, so today we have gone with PFC.