Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
NIFTY VIEW
Nifty has been oscillating between the levels of 10050-10250. Market players await the Fed outcome and we anticipate some volatility in the market. Since Nifty could not sustain above the 200 DMA level, the bias has turned negative. The support for the day is seen at 10090 while the resistance would be at 10210 levels.
BUY ASHOKA BUILDCON
CMP : Rs 246.65
TARGET : Rs 270
STOP LOSS : Rs 232
CMP : Rs 246.65
TARGET : Rs 270
STOP LOSS : Rs 232
The stock has