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Top trading ideas for today's trade: Buy JSW Steel, Bajaj Finance

Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:

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Vaishali Parekh New Delhi
Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
 
NIFTY VIEW:
 
Nifty has corrected by 900 points from its peak, with RSI still to get in oversold zone which implies some more scope of corrective move, however if Nifty sustains above 10550, we may see a further move to 10700-10750. The support for the day is seen at 10440 while resistance is seen at 10560. Its time to cherry pick stocks for accumulation in decline from here on.
 
BUY BERGER PAINTS  
CMP: Rs 241.50     
TARGET: Rs 265      

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