Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
NIFTY VIEW
NIFTY VIEW
Nifty after making a low of 10,049 gave a bounce up to 10,155 while Bank Nifty gave a bounce up to 24,355, however the selling pressure continues at higher level with advance-decline also being in negative market continues to be choppy & corrective.
BUY SARDA ENERGY
CMP : Rs 480
TARGET : Rs 535
STOP LOSS : Rs 440
CMP : Rs 480
TARGET : Rs 535
STOP LOSS : Rs 440
The stock has made a bottom at around 400 levels and has made