 "(Photo: Kamlesh Pednekar)")
Nifty outlook and few trading ideas by Vaishali Parekh, research analyst - technical research at Prabhudas Lilladher
NIFTY VIEW
Market continued to surge on Monday with all sectors participating; however with the strengthening in rupee, IT stocks got in corrective move. The support for the day is seen at 36,770/11,100 for Sensex and Nifty, respectively while resistance is seen at 37,330/11,230. Bank Nifty would have a range of 27,670-28,250. Mid-cap space, too, has been doing well now has moved past the resistance level along with auto and pharma sectors, showing signs of revival. Metal continues to show strength.
BUY VRL LOGISTICS
CMP: Rs
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