Nifty outlook and key trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
NIFTY VIEW:
Nifty has surged to move towards 10,400 with all indicators showing potential for further up move to projected target of 10,550. The support for the day is seen at 10,350 & resistance is seen at 10,450. As we are approaching the expiry of November Future contracts we may see some volatility.
BUY CAN FIN HOMES
CMP: Rs 473.70
TARGET: Rs 528
STOP LOSS: Rs 450
The stock has given a good correction from the
NIFTY VIEW:
Nifty has surged to move towards 10,400 with all indicators showing potential for further up move to projected target of 10,550. The support for the day is seen at 10,350 & resistance is seen at 10,450. As we are approaching the expiry of November Future contracts we may see some volatility.
BUY CAN FIN HOMES
CMP: Rs 473.70
TARGET: Rs 528
STOP LOSS: Rs 450
The stock has given a good correction from the