Nifty outlook and top trading ideas from Prabhudas Lilladher for today

Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:

NIFTY VIEW

Nifty after making a low of 10,049  gave a bounce up to 10,155 while Bank Nifty gave a bounce up to 24,355, however the selling pressure continues at higher level with advance-decline also being in negative market continues to be choppy & corrective.

BUY  SARDA ENERGY  
CMP : Rs 480        
TARGET : Rs 535      
STOP LOSS : Rs 440

The stock has made a bottom at around 400 levels and has made