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Nifty outlook and top technical calls from Sacchitanand Uttekar, AVP – Technical (Equity) at Tradebulls Securities:
Nifty outlook:
Post the 'Inside Bar' formation on the daily scale, the index now seems ready to witness some steady momentum in the coming days. The formation exhibits some hope for the bulls in the short term. The pattern will have its strong bullish implications above 9,870 which could attract strong momentum. Traders should await for a breach of the said range and deploy aggressive positions accordingly. Sustenance above 9,870 could extend the up move towards 9,960 level.
Stocks:
Lupin: BUY
CMP: Rs 955.3
Stop Loss: Rs 920
Target:
