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Few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
NIFTY VIEW:
Market continues to consolidate at these levels for now with THE Nifty holding the support of 10,250. The support for the day lies at 10,240, while resistance lies at 10,350. Select stocks are in round of momentum and we maintain a cautious view if Nifty breaches the level of 10,200 downside.
BUY PIDILITE INDUSTRIES
CMP: Rs 812.75
TARGET: Rs 880
STOP LOSS: Rs 760
The stock has taken support at the significant 200-DMA and it has given a good bounce-back from there on to signify
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