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Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
NIFTY VIEW: Market at these levels is witnessing nervousness, however Nifty has held on to 11000 levels. Mid cap sector from its peak has corrected by 7% & now holding on to its crucial support of 5,300 levels. The support for the day is seen at 10,960 while resistance is seen at 11,100. All eyes would be on LTCG decision on Budget Day which will decide the market mood.
NIFTY VIEW: Market at these levels is witnessing nervousness, however Nifty has held on to 11000 levels. Mid cap sector from its peak has corrected by 7% & now holding on to its crucial support of 5,300 levels. The support for the day is seen at 10,960 while resistance is seen at 11,100. All eyes would be on LTCG decision on Budget Day which will decide the market mood.
BUY KANSAI NEROLAC
CMP: Rs 510.10
TARGET: Rs 570
STOP LOSS: Rs 480
CMP: Rs 510.10
TARGET: Rs 570
STOP LOSS: Rs 480
The
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