 "NSE, Nifty, markets")
Nifty View
From the day's high of 17,919, the Nifty witnessed profit booking and fell more than 130 points towards 17,780.
The short-term support for the Nifty is seen at 17,500-odd levels, which happens to be 34-day EMA. Resistance for Nifty is seen at 18,100-odd level. For the last 6 weeks, the Nifty has been in tight consolidation zone. Breakout from 17,500-18,100 range would give directional move in the Nifty.
BUY
Cochin Shipyard
Buy Range: Rs 418.5 - Rs 405
Targets: Rs 450; Rs 478
Stop Loss: Rs 400
The stock price has broken out from the downward sloping trend line on the monthly
