 "markets, sebi")
Nifty outlook and few trading ideas by Vaishali Parekh, research analyst- technical research at Prabhudas Lilladher:
NIFTY VIEW
The market continues to surge high as far as indices are concerned, with selective large-cap stocks supporting the market, i.e. the banking stocks now especially the PSU Banks, along with few FMCG and RIL. Metals, Pharma and IT stocks are non-participative bringing in volatility. The support for the week is seen 34800/10470 while resistance is seen at 36080/10880. Bank Nifty would have a range of 25580-26870.
BUY CANARA BANK
CMP: Rs 263.70
TARGET: Rs 290
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