Technical calls by HDFC Securities: Buy Surya Roshni, KEC International

Nifty outlook and top trading ideas by Vinay Rajani - Technical Analyst, HDFC Securities.

Nifty View

Nifty finally closed at the new all-time high levels of 11134. After long time Mid-cap and small-cap witnessed sustainable bounce and breadth of the market improved significantly. It seems that good time is ahead for the Mid-cap and small-cap stocks, at least for the short term. Earlier, the resistance of 11078 is likely to interchange its role as a support for Nifty going forward. Upside target for the Nifty is seen at 11395.

Buy Surya Roshni

CMP: Rs 350

Target: Rs 380

Stop-loss: Rs 330

Stock price formed