 "NSE, national stock exchange, nifty50")
Nifty View
The Nifty recovered well from the lows of Tuesday morning. It also made a higher low compared to the previous session. We have the Union Budget on Feb 01.
The Nifty could stay in the 17,542 - 17,760 band in the near term. Breaches of this band may be fleeting on the Budget day. Volumes and sustenance below/ above these levels will be crucial to watch out for.
BUY
Triveni Engineering
Last close: Rs 286
Target: Rs 325
Stop Loss: Rs 260
The stock has formed double bottom reversal pattern at Rs 260 and turned north. The stock has also been finding support at 200-DEMA. RSI
