Aditya Birla Nuvo is trading positively on both BSE and NSE. Presently (12:05 pm), it is hovering around Rs 1706, up 4%. There are full chances of an upside potential today.

Stock Analyst VK Sharma has suggested the day trading investors to purchase the stock around Rs 1637.70 with a strict stop loss at Rs 1590. The target for the day is Rs 1724. The stock has shown a decent rise in previous sessions. The stock has seen a 52-week high of Rs 1819.9 and a low of Rs 960 on BSE.

MRPL is going against the market tide, and if the investors want to take advantage of this volatility, buy it around Rs 127.45. The stop loss is at Rs 123, and it will definitely reach above Rs 135. The maximum target for the day is Rs 140.

MRPL is looking too strong at current levels. The stock opened at Rs 129.5 as against its last closure at Rs 127.45 on BSE. The 52-week high of the stock was Rs 148.6. Presently, it is hovering around Rs 134.

Stock analyst VK Sharma advised the investors not to stay with the stock more than a day.