Hot Stocks | Here#39;s why Amara Raja Batteries, IDFC First Bank, Deepak Nitrite can give better return in short term

The recent development indicates that Nifty could test the previous swing low placed at 16,410. The support derived from, upward sloping trend line, adjoining the weekly lows January 29, 2021 and April 23, 2021 also coincides with swing low of 16,410, says Vinay Rajani of HDFC Securities