Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher
NIFTY VIEW:
With Nifty sustaining above 10,300, we see it gradually progressing towards our next projected target of 10,500. The support for the day is seen at 10,320 while resistance is seen at 10,400. Nifty can show resistance at 10,500, this is where traders need to be cautious.
BUY TVS SRICHAKRA
CMP: Rs 3,201.05
TARGET: Rs 3,520
STOP LOSS: Rs 3,020
The stock has witnessed a decent correction from the level of 4280 and now it
NIFTY VIEW:
With Nifty sustaining above 10,300, we see it gradually progressing towards our next projected target of 10,500. The support for the day is seen at 10,320 while resistance is seen at 10,400. Nifty can show resistance at 10,500, this is where traders need to be cautious.
BUY TVS SRICHAKRA
CMP: Rs 3,201.05
TARGET: Rs 3,520
STOP LOSS: Rs 3,020
The stock has witnessed a decent correction from the level of 4280 and now it