 "US Sensex")
Few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
NIFTY VIEW:
Market stayed in momentum and continued showing strength. For now, near term support lies at 10,260, with RSI on daily chart at 55 implying further up move whereby re- testing of previous high is very likely. The support for the day is seen at 10,275 while resistance is seen at 10,370.
BUY STRIDES SHASHUN
CMP: Rs 808.50
TARGET: Rs 870
STOP LOSS: Rs 770
The stock has corrected well from the recent peak level of Rs 1097 and has bottomed out
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