Hold longs on Nifty with a stoploss of 10,300: HDFC Securities

Nifty outlook and top trading ideas by Devarsh Vakil & Vinay Rajani - PCG Desk, HDFC securities:

Nifty View

On Tuesday, Nifty broke 8-day winning streak and closed with a loss of 29 points. Primary trend is still bullish and 10,300 is the level, which should be kept as a stop loss in trading long positions. Nifty has been facing resistance in the zone of 10,400-10,410 for last 3 sessions. Any level above 10,410 would extend the rally towards 10600 levels.

Buy Green Ply

CMP: Rs 323.5

SL: Rs305

Target: Rs 365

Stock has registered its new all-time high on closing basis at Rs 323.50. On Monthly