Nifty may trade in 17,200 to 17,700 zone due to higher volatility.
"There is a possibility that the index may head towards 17,200-17,100 levels in the coming sessions as 17,700-17,750 will act as a strong resistance," Mitesh Karwa, Research Analyst at Bonanza Portfolio, said.
In the process, the stock has closed above its recent trading range on the back of above average volumes, which augurs well for the uptrend to continue.
Hence, based on the above-mentioned technical structure, one can initiate a long position in Zomato at CMP Rs 54.80 or a fall in the price till Rs 54 levels can be used as a buying opportunity for the upside target of Rs 60 & Rs 65.
Kirloskar Industries: Buy | LTP: Rs 2,204 | Stop-Loss: Rs 2,110 | Target: Rs 2,430 | Return: 10 percent On the daily charts, the stock has given an ‘Ascending triangle pattern’ breakout with good volume.
A momentum indicator RSI (14) is reading above 50 levels, which suggests a bullish move for the near term.

Source-https://www.moneycontrol.com/news/business/markets/top-10-trading-ideas-for-next-3-4-weeks-as-bears-drag-the-market-to-4-month-low-10164101.html