 "Markets, Buy, Sell, Stocks, Shares")
Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
NIFTY VIEW
Nifty has bounced back from the low of 10,420 making a higher bottom formation pattern in the daily chart but needs to confirm the continuation of the rally only after it breach the levels of 10,650 decisively. Similarly, BankNifty has outperformed the Nifty index with the weekly trend still intact, we may see still some upside in the coming days. The support for the week is seen at 10,425 levels while the resistance would be at 10,800 levels.
BUY YES BANK
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