 "markets, sebi")
Nifty outlook and few trading ideas by Vaishali Parekh, research analyst - technical research at Prabhudas Lilladher:
NIFTY VIEW
The market is likely to consolidate or maybe oscillate in a narrow range as the ADX on the daily chart has stopped its up move which implies less momentum in days to come. The support for the day is seen at 38,050/11,500 while resistance is seen at 38480/11630. Bank Nifty would have a range of 28,000-28,460. ICICI and Axis Bank have regained its momentum and we anticipate it to do well for Thursday’s expiry. Pharma sector, too, has got in a new round of
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