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Few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
Nifty View:
The weekly and daily trend have turned down in all the 3 indices, thus upside for now is capped & market may witness some more corrective move. A break of 9,960 levels would drag Nifty to 9,850. The support for the day is seen at 9,800 while resistance is seen at 10,100.
BUY TECH MAHINDRA
CMP: Rs 458.40
TARGET: Rs 500
STOP LOSS: Rs 430
The stock has been in a trending mode and has been on a good run
