Few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
Nifty View:
With trend of all the periodicities being positive and Nifty closing at all time high levels; the bias is positive for the next projected target of 10,200-10,250. However, the support for the day is seen at 10,100 while resistance is seen at 10,200.
BUY GRANULES INDIA
CMP: Rs 134.55
TARGET: Rs 148
STOP LOSS: Rs 124
The stock after a consolidation phase for some time has given a strong spurt to give a decisive breakout above the 200-DMA and has