Nifty outlook and top trading calls for today's trade: Prabhudas Lilladher

Few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:

NIFTY VIEW:

Nifty has managed to bounce well after taking a support at 9700 levels; it now needs to cross the hurdle of 9950-10000 levels for this rally to go on. The support for the day is seen at 9870 while the resistance is seen at 9960.

BUY AUROBINDO PHARMA  

CMP: Rs 707.65        

TARGET: Rs 800    

STOP LOSS: Rs 680

The stock has made a decent correction from Rs 776 to Rs 665 and from there on it has made a V shape recovery in