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Nifty outlook and top trading ideas by Prabhudas Lilladher

Nifty outlook and few trading ideas by Vaishali Parekh, research analyst - technical research at Prabhudas Lilladher.

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Vaishali Parekh Mumbai
Nifty outlook and few trading ideas by Vaishali Parekh, research analyst - technical research at Prabhudas Lilladher.

NIFTY VIEW

Market continued to be volatile with Nifty holding on to the near term support of 10850 levels & getting back in to momentum to close above 10900. The support for the day is seen at 36160/10850 while resistance is seen at 36720/10980. Bank Nifty would have a range of 27200-27770. IT Index continues to show strength along with mid-cap IT Stocks, also Pharma sector, now from here on Metal stocks look attractive to accumulate.


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