Few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
NIFTY VIEW:
Market has been consolidating at the levels of 10,260 and 10,370 for quite some time, however, the support for the day is seen at 10,300 while resistance is seen at 10,390. Nifty has its weekly trend down. It would turn up if it closes above 10,368 at the end of the week.
BUY PNB
CMP: Rs 189.20
TARGET: Rs 215
STOP LOSS: Rs 178
The stock has been more or less consolidating after the huge spurt it has produced some weeks back and now looks