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Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
NIFTY VIEW
Market continues to be in a lull with hardly any momentum seen with Nifty continuing to be in a narrow range. Metal index has got in new round of correction along with IT & Banks except ICICI showing corrective move. The support for the day is seen at 10,740 while resistance is seen at 10,850. The stocks with positive bias are OMCs, RIL and Maruti Suzuki.
BUY MAHINDRA CIE AUTO
CMP: Rs 260.10
TARGET: Rs 285
STOP LOSS: Rs 247
The stock has recently
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