Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
Nifty View
With yet again a range bound movement in NIFTY, it is still a stock specific market, whereby selective stocks move in rotation each day. The support for the day is seen at 9880 while resistance is seen at 9975.
SOBHA – BUY
CMP: Rs 409.50
TARGET: Rs 450
STOP LOSS: Rs 385
The stock has recovered from the steep correction to touch the low of 345 and has made a strong pull back recovery to
Nifty View
With yet again a range bound movement in NIFTY, it is still a stock specific market, whereby selective stocks move in rotation each day. The support for the day is seen at 9880 while resistance is seen at 9975.
SOBHA – BUY
CMP: Rs 409.50
TARGET: Rs 450
STOP LOSS: Rs 385
The stock has recovered from the steep correction to touch the low of 345 and has made a strong pull back recovery to

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