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Nifty outlook and top trading ideas from Prabhudas Lilladher for today

Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher.

Equity fund managers, Stock markets, Indian stocks
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Equity fund managers, Stock markets, Indian stocks

Vaishali Parekh
Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:

NIFTY VIEW
 
After 6 days, the daily trend of Nifty has turned up to signify a positive bias and we anticipate the index to consolidate and make some pullback from these levels. On the upside, if Nifty breaches the 10,250 level decisively a positive sentiment can be established and can expect a bounce back to 10,500 levels. On the downside, 9,950 would act as a major support for the time being. The support for the day is seen at 10,080 while resistance

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