Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
NIFTY VIEW
NIFTY VIEW
Market continues to consolidate keeping the range of 10350 as support and 10440 as the crucial resistance. With the narrow range movement it has become a intraday play in the market. The support for the day is seen at 33500/10300 while resistance is seen at 33860/10410. Bank Nifty would have a range of 24580-24980.
BUY ASIAN PAINTS
CMP : Rs 1,160.80
TARGET : Rs 1,240
STOP LOSS : Rs 1,120
CMP : Rs 1,160.80
TARGET : Rs 1,240
STOP LOSS : Rs 1,120
After making the