Nifty outlook and four stock picks for today's trade by Devang Shah

Short-term outlook for the market remains positive till Nifty trades above 9,269 levels

NIFTY        

CLOSE-9653.60 (02.06.17)

Market extended its gain further and closed the fourth consecutive week in a positive territory, making a high of 9673.50 during the week and closing around these levels at the end of weekly trading session. It traded in a narrow range during the week. Broader market such as Midcap and Small cap indices also managed to found support at lower levels as expected last week. It sharply recovered from lower levels & closed the week in a positive territory. We will continue to see market to trend towards higher level targets as mentioned below in