Motilal Oswal Retail Research has recommended two stock trading ideas in its research report. Following are the stocks:

1. Voltas - Buy

CMP - Rs 1,059

Stop-loss - Rs 1,029

Target price - Rs 1,120

Duration -2-3 days

"Voltas is continuously taking support around 20 DEMA and moving higher. Currently, we are witnessing consolidation in the stock despite a corrective move in the benchmark indices, which indicates inherent strength in the counter. Stock formed an inside bar pattern on weekly chart and getting ready for the next leg of rally towards 1,120 levels. Thus, we advise traders to buy the stock with stop-loss of 1,029."

2. Infosys - Buy

CMP - Rs 1,374

Target price- Rs 1,600

"INFO should be a key beneficiary of a recovery in IT spends in FY22, given its capabilities around Cloud and Digital transformation. Leading operational performance in 9MFY21 and strong deal wins should translate into strong outperformance in EPS growth (v/s the sector). We upgrade our FY21E/FY22E/FY23E EPS estimate by 1%/3%/7% as we adjust our revenue and EBIT margin trajectory to incorporate a strong deal environment."

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