 "Markets, Buy, Sell, Stocks")
Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
NIFTY VIEW
Market continues to slide further, with Nifty after making the lower top formation at around 10480 levels in the daily chart and now with the negative sentiment looming around, the 200 DMA level of 10160 would prove to be very crucial, which when breached can see fresh downward targets of 9800-9700 levels. However, the support for the week is seen at 9920 while resistance is seen at 10430.
BUY MAH &MAH
CMP: Rs 740.75
TARGET: Rs
NIFTY VIEW
Market continues to slide further, with Nifty after making the lower top formation at around 10480 levels in the daily chart and now with the negative sentiment looming around, the 200 DMA level of 10160 would prove to be very crucial, which when breached can see fresh downward targets of 9800-9700 levels. However, the support for the week is seen at 9920 while resistance is seen at 10430.
BUY MAH &MAH
CMP: Rs 740.75
TARGET: Rs
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