 "markets, sebi")
Nifty outlook and few trading ideas by Vaishali Parekh, research analyst - technical research at Prabhudas Lilladher.
NIFTY VIEW
Nifty has been consolidating at these levels, this being a truncated week, with near term resistance seen at 10600 and Bank Nifty too resisting on visiting the previous high of 25900. The support for the day is seen at 34940/10460 levels while the resistance is seen at 35220/10600 levels. BankNifty would have a range of 25330 - 25800 levels. As said earlier, the indices need to cross the crucial resistance levels for further fresh development.
BUY GLENMARK PHARMA
CMP: Rs 657.50
TARGET: Rs 710
STOP LOSS: Rs
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