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Nifty view & stock calls by Nilesh Jain of Anand Rathi: Buy Titan, HCL Tech

If Nifty is unable to surpass its previous swing high of 9584.5, we can expect profit booking at higher levels

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Although we have seen a rally in the past couple of sessions, the broader structure still looks weak for Nifty

Nilesh Jain Mumbai

2 min read Last Updated : May 29 2020 | 8:01 AM IST

SELL NIFTY | TARGET: 9,300 | STOP LOSS: 9,600

The Nifty index continued its upmove on the expiry day and also filled a gap that was placed at 9400. Although we have seen a rally in the past couple of sessions, the broader structure still looks weak and if Nifty is unable to surpass its previous swing high which is placed at 9584.5, we can expect profit booking at higher levels. so we advise aggressive traders to initiate a short position with the strict stop loss of 9600.

BUY TITAN | TARGET: Rs 950 | STOP LOSS: Rs 875

The stock has breached

Topics : Stock calls Trading strategies Markets Sensex Nifty

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