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Nifty to trade within 10,280-10,580 zone this week: Prabhudas Lilladher

Few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher

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Vaishali Parekh Mumbai
Few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:

NIFTY VIEW

Nifty continues to be in a new price territory with no signs of reversal for now. Our weekly range lies at 10,280 as support while resistance is seen at 10,580. Realty too has scope for further up move, however Nifty  being in the overbought zone, we suggest a cautious move.

BUY YES BANK
     
CMP: Rs 325.95     
TARGET: Rs 355-360    
STOP LOSS: Rs 310

The stock has recovered significantly from the low of Rs 298 where it has made a bottom and is on

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