Few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
NIFTY VIEW:
After Nifty showing resistance at 10,500 , market witnessed a corrective move, now near term support coming at 10,130, a decisive break of 10,100 would drag Nifty to a further downslide to 10,000-9,800 levels. The support for the day is seen at 10,130 while resistance is seen at 10,230.
BUY UJJIVAN FINANCE
CMP: Rs 388.60
TARGET: Rs 430
STOP LOSS: Rs 360
The stock has been moving in an upward trend for quite some time and recently it has made a higher bottom