Nifty outlook and few trading ideas by Vaishali Parekh, research analyst - technical research at Prabhudas Lilladher:
NIFTY VIEW
Market ahead of expiry gets volatile with Nifty below 11,700, now having a near term support at 11,600 levels. Bank Nifty though not correcting yet not participating to propel an up move. The support for the day is seen at 38,470/11,620 while resistance is seen at 38,940/11,750. Bank Nifty has a range of 27,970-28,450. Bank Nifty though range bound, we have a positive view with 27,900 as near term support for higher targets of 28,500 and above. Metal sector as recommended earlier would