 "Markets, Buy, Sell, Stocks, Shares")
Nifty outlook and top trading ideas by Chandan Taparia, Derivatives & Technical Analyst, Motilal Oswal Securities:
Outlook:
Nifty index managed to open positive and witnessed sustain buying interest throughout the day. It managed to hold 10141 and headed towards 10220 levels. It managed to hold above previous weeks’ close and formed a Bullish candle on the daily scale. Now it has to continue to hold above 10222 to extend its move towards 10276 then 10333 levels while supports are seen at 10141 then 10050 zones. Index has been making lower top – lower bottom on weekly scale so
Outlook:
Nifty index managed to open positive and witnessed sustain buying interest throughout the day. It managed to hold 10141 and headed towards 10220 levels. It managed to hold above previous weeks’ close and formed a Bullish candle on the daily scale. Now it has to continue to hold above 10222 to extend its move towards 10276 then 10333 levels while supports are seen at 10141 then 10050 zones. Index has been making lower top – lower bottom on weekly scale so
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