Support for Nifty is seen at 9800, resistance at 9900: Prabhudas Lilladher

Nifty view and few trading ideas by Vaishali Parekh of Prabhudas Lilladher

Photo: Shutterstock
Photo: Shutterstock
Vaishali Parekh Mumbai
Last Updated : Aug 24 2017 | 8:18 AM IST
Nifty view and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
 
Nifty View:
 
The daily trend in Nifty has turned up after 3 days and as for now has taken support at 9,700 levels giving a bounce to close at 9,850. A move beyond 9,850 would take it further up to 9,880-9,900 levels, however, the support for the day is seen at 9,800 while resistance is seen at 9,900.
 

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Disclaimer: The analyst may have positions in any or all the stocks mentioned above.

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