 "BSE, NSE, Markets, SENSEX")
Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
NIFTY VIEW
Nifty is showing signs of exhaustion now with individually all sectors show no clarity to propel market to surge higher, IT could get in new round of momentum, and support for the week is seen at 37160/11200 while resistance is seen at 38350/11580. Bank Nifty would have a range of 27420-28620. The daily trend in Nifty has turned down after 2 days, while Bank Nifty still continues to be in positive.
BUY AUROBINDO PHARMA
CMP: Rs 610.90
TARGET: Rs 655
STOP LOSS:
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