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Intraday support for Nifty seen at 9,840, says Prabhudas Lilladher

Few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher

markets, stocks, sensex, nifty, bse, nse
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Vaishali Parekh Mumbai
Few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
 
Nifty outlook

Nifty, after giving a correction of approximately 450 points, has bounced back to close at 9,897 which is the trend line, so currently Nifty lies at cusp of levels. The next move up or down would bring in clarification for the direction of the market. The support for the day is seen at 9,840 while resistance is seen at 9,945.

BUY ACC      

CMP: Rs 1811.20       
TARGET: Rs 2000        
STOP LOSS: Rs 1750 
       
The stock has made a

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