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Few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
NIFTY VIEW:
Nifty has yet again closed above 10,400 levels now keeping in mind there is a crucial support at 10,370 for Nifty. Market witnesses a very stock specific movement with mid cap sector too showing signs of corrective move. The support for the day is seen at 10,380 while resistance is seen at 10,490.
BUY TATA MOTORS
CMP: Rs 439.30
TARGET: Rs 470
STOP LOSS: Rs 420
The stock has corrected from the peak of Rs 468 to bottom out at around Rs 389
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