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Nifty outlook and technical calls for today's trade by Devang Shah

Recommends buying Dabur, Ajanta Pharma, Tata Chemicals, Bharat Financials and Ashok Leyland

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Devang Shah New Delhi
 
 
NIFTY     
CLOSE- 10452.50 (03.11.17)
  
Market is extending towards upper end of channel in short term as expected. It made a high of 10,461.70 levels on nifty & 33,733.71 levels on Sensex so far in this rally. It closed 2nd consecutive week in positive territory. All the other index also extended gains on upside & closed weekly in positive territory. Bank Nifty finally confirmed break out from consolidation range on upside as anticipated. One should expect market to trend towards short term targets levels till it reverses. Trader should buy stock specific & book profit at regular