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Technical calls for today's trade: Buy Berger Paints, Ashok Leyland

Nifty outlook and few trading ideas by Prabhudas Lilladher

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Vaishali Parekh New Delhi
Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
 
NIFTY VIEW
 
For Nifty, the upside is capped for now and as & when we break 9,700 levels we would be witnessing further downslide. The support for the week is seen at 9,620 while resistance is seen at 9,930.
 
BERGER PAINTS - BUY   
CMP: Rs 245.10     
TARGET: Rs 272     
STOP LOSS: Rs 230
 
The stock has witnessed a decent correction and has again bottomed out at the 200 DMA which is at 238 level and we