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Few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
NIFTY VIEW:
The day began with a negative sense with Nifty making a low of 10,075 and immediately bounced back to confirm a double bottom formation at 10,080 levels and bounced back to 10,400 levels. The support for the day is seen at 10,330 while resistance is seen at 10,430.
BUY TCS
CMP: Rs 2580.50
STOPLOSS: Rs 2400
TARGET: Rs 2800
The stock has corrected from Rs 2777.40 levels in the recent past days and has maintained near
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