 "markets")
Nifty view and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
NIFTY VIEW:
Nifty witnessed some profit booking but for the time being 9,815 seems to be acting as the support. As of now, the trend is in a corrective mode and unless Nifty bounces back and sustains above 9,920, we cannot confirm that market has bottomed out at 9,800 levels. However, the support for the day is seen at 9,825 while resistance is seen at 9,920.
ARVIND - BUY
CMP: Rs 370.05
TARGET: Rs 405
STOP LOSS:
NIFTY VIEW:
Nifty witnessed some profit booking but for the time being 9,815 seems to be acting as the support. As of now, the trend is in a corrective mode and unless Nifty bounces back and sustains above 9,920, we cannot confirm that market has bottomed out at 9,800 levels. However, the support for the day is seen at 9,825 while resistance is seen at 9,920.
ARVIND - BUY
CMP: Rs 370.05
TARGET: Rs 405
STOP LOSS:
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