 "markets, sebi")
Nifty outlook and few trading ideas by Vaishali Parekh, research analyst- technical research at Prabhudas Lilladher.
NIFTY VIEW
Nifty remained well within the range and Bank Nifty too was in sync with Nifty. Among the Banking stocks Axis, ICICI, Yes Bank and IndusInd continue to look favorable along with mid-cap PSU like PNB, Union, etc. The support for the day is seen at 36020/10820 while the resistance is seen at 36600/10950 levels. BankNifty would have a range of 27200-27800. Mid-cap IT sector too looks favorable along with stocks like Indigo, Indiabulls Housing Finance.
BUY INDUSIND BANK
CMP: Rs 1,526.70
TARGET: Rs
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