 "A broker monitors share prices while trading at a brokerage firm in Mumbai. (File photo: Reuters)")
Nifty outlook and key trading ideas by Devarsh Vakil & Vinay Rajani - PCG Desk, HDFC securities:
Nifty View:
On Tuesday, the Nifty formed “Doji” Candlestick pattern, indicating indecision in the existing trend. The level of 10,070 is the crucial support in Nifty, which is nothing but the support provided by trend line, adjoining major tops and bottoms on the daily charts. Yesterday, Sensex actually formed double bottom at 32,682, which also happened to be the bottom formed on November 15, 2017. However, we also believe that the level of 10,300 should act as a strong resistance and unless Nifty closes above
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