Nifty outlook and top trading ideas by Vinay Rajani - Technical Analyst, HDFC Securities.
Nifty View
Nifty View
Nifty finally closed at the new all-time high levels of 11134. After long time Mid-cap and small-cap witnessed sustainable bounce and breadth of the market improved significantly. It seems that good time is ahead for the Mid-cap and small-cap stocks, at least for the short term. Earlier, the resistance of 11078 is likely to interchange its role as a support for Nifty going forward. Upside target for the Nifty is seen at 11395.
Buy Surya Roshni
CMP: Rs 350
CMP: Rs 350
Target: Rs 380
Stop-loss: Rs 330
Stock price formed