 "markets, sebi")
Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher
NIFTY VIEW
Indices though in overbought zone continue to be in all-time high levels along with Bank Nifty. There is a possibility of market witnessing a sideways move to a consolidation at these levels with 11200 as a strong support level. The support for the day is seen at 11320 while resistance is seen at 11440. If the benchmark index is to take a breather, we would see some movement in mid-cap stocks.
BUY GREENPLY INDUSTRIES
CMP: Rs 218.35
TARGET: Rs 248
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