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Few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
NIFTY VIEW:
Nifty after correcting nearly by 50% of the recent swing has for now taken support at 10,100 levels. Market has witnessed a good bounce back rally from here, what now needs to be seen if Nifty manages to move past 10350 levels decisively for this rally to continue. The support for the day is seen at 10170 while resistance is seen at 10260.
BUY DHFL
CMP: Rs 623.50
TARGET: Rs 685
STOP LOSS: Rs 590
The stock is in an upward trend
