 "algo trading")
Nifty outlook and few trading ideas by Vaishali Parekh, research analyst- technical research at Prabhudas Lilladher:
NIFTY VIEW
Nifty again took a breather near around 10550 levels and Bank Nifty too reached near the previous peak of 25900 levels and a breach above this level would be crucial which would decide the further upward movement. The support for the week is seen at 34680/10450 & resistance is seen at 34720/10600. Bank Nifty would have a range of 25450-26000. We anticipate a movement for Nifty between the range of 10000 and 10650 levels for the time being.
BUY TATA SPONGE
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