 "technicals")
Nifty View
On October 04, bulls came back with vengeance and the Nifty surged more than 2.3 per cent to settle at 17,275. The Nifty has reclaimed its level above 50-day EMA. The next resistance for Nifty is seen at 17,430-odd level, which happens to be 50 per cent retracement of the recent fall from 18,096 to 16,747. The support for Nifty has shifted up to 17,100 level. We expect the market to remain bullish in the coming days.
BUY
JK Tyre
Last Close: Rs 173
Targets: Rs 190; Rs 205
Stop Loss: Rs 160
The stock price has been finding support at its 30-day EMA. The
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