 "Markets, Buy, Sell, Stocks, Shares")
Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
NIFTY VIEW
The market continues to slide gradually each day with frontline stocks beginning to witness profit booking, especially Banking sector & other sectors continuing to show no interest. Infra sector too in a new round of correction. The support for the day is seen at 10620 while resistance is seen at 10730. Keep a watch on Pharma sector making double bottom on the daily chart, however, do wait for confirmation.
BUY COAL INDIA
CMP: Rs 271.50
TARGET: Rs 295
STOP LOSS: Rs 260
The stock
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