Nifty Outlook And Key Trading Ideas By Vaishali Parekh, Research Analyst - Technical Research At Prabhudas Lilladher:
NIFTY VIEW:
The weekly and daily trend are down in Sensex, Nifty & Bank Nifty. Nifty has its crucial support at 10,100 levels a break of which would be a threat of further erosion to 9900-9800 levels. The support for the week is seen at 9,950 while resistance is seen at 10,280. View is now corrective unless Nifty bounces back above 10,350.
BUY IDFC
CMP: Rs 60.90
TARGET: Rs 67.50
STOP LOSS: Rs 58
The stock
NIFTY VIEW:
The weekly and daily trend are down in Sensex, Nifty & Bank Nifty. Nifty has its crucial support at 10,100 levels a break of which would be a threat of further erosion to 9900-9800 levels. The support for the week is seen at 9,950 while resistance is seen at 10,280. View is now corrective unless Nifty bounces back above 10,350.
BUY IDFC
CMP: Rs 60.90
TARGET: Rs 67.50
STOP LOSS: Rs 58
The stock
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