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Few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
NIFTY VIEW:
Nifty, after opening higher on Wednesday, witnessed heavy profit-booking and the fall intensified in the second half of the session to see a close below 9,750 level. The sentiment has turned down and pessimism has crept in and for Nifty the next major support would be at around 9,550 levels. However, the support for the day is seen at 9,680 while resistance is seen at 9,775.
BUY DEEPAK NITRATE
CMP: Rs 185.95
TARGET: Rs 206
STOP LOSS: Rs 174
The stock has been in a
