Nifty outlook and top trading ideas by Chandan Taparia, Derivatives & Technical Analyst, Motilal Oswal Securities:
Nifty Outlook :
Nifty index formed a higher wave Doji Candle as traded in a wider range of 10514 to 10638 level. It witnessed buying interest in morning but it decline in last hour of the session. It witness profit booking at higher levels as it got stuck in the grip of option writers ahead of the April derivatives expiry. Now till it remains above 10480-10500 zones, it has potential to move towards 10630 then 10700 levels.
Stocks:
Stocks:
DALMIA BHARAT
Reco: BUY
Last Close: 3002
Stop Loss: 2942
Target: