Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
NIFTY VIEW
Nifty & Bank Nifty have its weekly trend up since 3 weeks while daily trend in Nifty continues to be positive while Bank Nifty is down since 3 days. Market is likely to consolidate at these levels with indicators for now showing no signs of correction. The support for the day is seen at 10380 while resistance is seen at 10725.
BUY VETO SWITCHGEARS
CMP : Rs 215
TARGET : Rs 250
STOP LOSS : Rs
CMP : Rs 215
TARGET : Rs 250
STOP LOSS : Rs