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Here are a few trading ideas by Sacchitanand Uttekar, Equity Technical Analyst & PFA at MOSL:
Nifty Outlook:
Nifty commenced the week on positive note & maintained its gap up opening throughout the day. Though there have been multiple narrow ranged bodies but none of them displays sign of exhaustion. Hence we expect the ongoing momentum to extend towards 8860 in the coming sessions. A sustained breach below the 8720 gap support would indicate loss in momentum & serves as a trail stop level for momentum longs.
Stocks:
PETRONET LNG
Reco: BUY
Last Close: 387
Target:
Nifty Outlook:
Nifty commenced the week on positive note & maintained its gap up opening throughout the day. Though there have been multiple narrow ranged bodies but none of them displays sign of exhaustion. Hence we expect the ongoing momentum to extend towards 8860 in the coming sessions. A sustained breach below the 8720 gap support would indicate loss in momentum & serves as a trail stop level for momentum longs.
Stocks:
PETRONET LNG
Reco: BUY
Last Close: 387
Target:
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