Buy HDFC Bank, Titan Company: Prabhudas Lilladher

Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:

NIFTY VIEW
 

Nifty continues to make lower top[ formation on daily chart along with remaining below 200DMA implying some more pain in the market. The support for the day is seen at 10,060 while resistance is seen at 10,160. Very few stocks have remained in its uptrend, hence we suggest waiting for market to stabilize for buy strategies.

BUY  HDFC BANK  
CMP : Rs 1,867.75      
TARGET : Rs 1,980      
STOP LOSS : Rs 1,820
 

The stock