Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
NIFTY VIEW:
Post Budget Nifty has pierced below 10900 levels however with a close above the 11000 mark, the uptrend remains intact. On a broad base, we anticipate sectors like Infra and agri-products like fertilisers and tractors to perform in the short term perspective. The support for the day is seen at 10960 while resistance is seen at 11,070.
BUY BAJAJ FINANCE
CMP: Rs 1,729.45
TARGET: Rs 1,850
STOP LOSS: Rs 1,680
The stock has made
NIFTY VIEW:
Post Budget Nifty has pierced below 10900 levels however with a close above the 11000 mark, the uptrend remains intact. On a broad base, we anticipate sectors like Infra and agri-products like fertilisers and tractors to perform in the short term perspective. The support for the day is seen at 10960 while resistance is seen at 11,070.
BUY BAJAJ FINANCE
CMP: Rs 1,729.45
TARGET: Rs 1,850
STOP LOSS: Rs 1,680
The stock has made