 "Equity fund managers, Stock markets, Indian stocks")
Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
NIFTY VIEW
The daily trend turns up again, however we see no consistency in individual stocks with its movement, market continues to see rotational movement. The support for the day is seen at 10560 while resistance is seen at 10660.
BUY TATA MOTORS
CMP : Rs 330.25
TARGET : Rs 380
STOP LOSS : Rs 300
CMP : Rs 330.25
TARGET : Rs 380
STOP LOSS : Rs 300
The stock has taken support at 325 on twice occasions thus making a double bottom formation like pattern in the daily
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