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Buy BPCL, DCB Bank and Madhucon Projects, says Prabhudas Lilladher

Nifty outlook and key trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher

markets, stocks, sensex, nifty, bse, nse
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Vaishali Parekh New Delhi
Nifty outlook and key trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
 
NIFTY VIEW:
Market witnessed choppiness with a slight weak opening breaching the support of 10,080 for some time however bounced back to close above 10100 levels. The support for the day is seen at 10,070 while resistance is seen at 10,160.
 
MADHUCON PROJECTS - BUY
CMP: Rs 33.50  
STOP LOSS: Rs 25 
TARGET: Rs 50 - 60
 
Madhucon project is showing bottoming out at 25 levels after a corrective move from 60 levels, the RSI  is supporting

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