Nifty View
The Nifty has witnessed a correction of more than 300 points from the recent swing high of 18,887. The support for Nifty is seen at 18,442, which happens to be previous swing high on the daily chart. Resistance for the Nifty is seen at 18,730. The primary trend of the Nifty is bullish as Nifty has been holding higher top and higher bottom formation on the daily and weekly charts.
BUY
Avadh Sugar
Last close: Rs 548
Target: Rs 583
Stop Loss: Rs 511
The stock has surpassed the crucial resistance of its 200-day EMA on closing basis. The resistance is taken out with jump