 "Technical calls by HDFC Securities for today: Buy Sun Pharma, Tata Elxsi")
Nifty outlook and top trading ideas by Vinay Rajani - Technical Analyst, HDFC Securities:
Nifty View
Nifty has been maintaining its choppy trend, where it has remained in the range of 10,600-10,800 for last many sessions. Nifty has to surpass the resistance of 10,800 on closing basis to get clear cut bullish setup. On the downside 10,550-10,600 is a strong support zone for Nifty.
Stocks:
Buy Sun Pharma
CMP: Rs 574
Target: Rs 610
Stop loss: Rs 555
Pharma sector has remained in the focus in the June Month and many stocks from the sector have formed trend reversal patterns on the charts. Sunpharma remained the leader from
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