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Few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
NIFTY VIEW:
Nifty sustained above 9,980 & rising RSI on daily chart suggests in all likelihood, the index would re-test 10,100-10,170. The support for the week is seen at 9,840 while resistance is seen at 10,030.
BUY JAIN IRRIGATION
CMP: Rs 99.65
TARGET: Rs 109
STOP LOSS: Rs 92.50
The stock has corrected from 109 to bottom out at Rs 93 and has made a strong revival from thereon to give a breakout above the 200-DMA
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