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Few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
NIFTY VIEW:
Nifty has managed to bounce well after taking a support at 9700 levels; it now needs to cross the hurdle of 9950-10000 levels for this rally to go on. The support for the day is seen at 9870 while the resistance is seen at 9960.
BUY AUROBINDO PHARMA
CMP: Rs 707.65
TARGET: Rs 800
STOP LOSS: Rs 680
The stock has made a decent correction from Rs 776 to Rs 665 and from there on it has made a V shape recovery in
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