 "markets, sebi")
Nifty outlook and few trading ideas by Vaishali Parekh, research analyst - technical research at Prabhudas Lilladher:
NIFTY VIEW
Nifty has given a relief rally by a decent bounce back from the low of 10138 but there is a major resistance at around 10,550-10,600 levels. Similarly, for BankNifty the levels of 26,100-26,200 can be a major hurdle and only a breach above that zone can bring about a conviction for further upside movement. The support for the week is seen at 34,000/10,250 while resistance is seen at 35,300/10,650 levels. Bank Nifty would have a range of 24,700-26,000.
BUY MAHINDRA & MAHINDRA
CMP:
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