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Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
NIFTY VIEW
For Nifty, on the higher end 10900 level has been capped while the bottom support remains at around 10680 -10700 levels. As for Bank Nifty, it has been hovering around a very narrow range for some time and currently the sentiment has somewhat turned bearish below the 26450 levels. However, the support for the week is seen at 10650 while the resistance is seen at 10940. Pharma stocks and IT pack continue
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