Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
NIFTY VIEW
The daily trend turns down in Nifty after 20 days with 10,630 holding as a crucial resistance level. The market is unable to move past 10,630 with 3 attempts. The support for the day is seen at 10,500 while resistance is seen at 10,620.
BUY CENTURY TEXT
CMP : Rs 1,231.85
TARGET : Rs 1,300
STOP LOSS: Rs 1,170
CMP : Rs 1,231.85
TARGET : Rs 1,300
STOP LOSS: Rs 1,170
The stock has been maintaining a strong base at around 1200 levels and has shown a positive