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Until the index is trading below this zone, every pullback should be used to short the index.On the flip side, 10,500 is likely to act as an immediate support below which the next support is seen near 10,418 which coincides with the daily swing low of May 23, 2018.Here are the top three stock trading ideas which can give good returns in the near term:Looking at the weekly chart, Sun Pharma confirmed its breakout from the double bottom pattern and saw asharp rally towards Rs 677. Subsequently, the stock saw profit booking in line with the benchmark indices and tested the neckline of the double bottom pattern on October 4.The daily RSI (14) also came near 40 which supports our hypothesis. Also, the October 4 low coincided with the daily 89 EMA which may act as a near term support.Hence, we recommend traders to accumulate this stock in a range of Rs 591 to Rs 585 with a price target of Rs 675.

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