Business Standard

Monday, December 23, 2024 | 11:39 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Nifty outlook and top trading ideas by Prabhudas Lilladher for today

Nifty outlook and few trading ideas by Vaishali Parekh, research analyst - technical research at Prabhudas Lilladher

Image via Shutterstock
Premium

<a href="http://www.shutterstock.com/pic-49062454/stock-photo-buy-sell-hold-investing-dice-isolated-on-white.html" target="_blank">Image</a> via Shutterstock

Vaishali Parekh Mumbai
Nifty outlook and few trading ideas by Vaishali Parekh, research analyst - technical research at Prabhudas Lilladher

NIFTY VIEW

The downslide continues with also the weekly trend being down since 6 weeks in Nifty & Bank Nifty since 7 weeks. Still indicators also show more scope of downside though in between bounce cannot be ruled out. The support for the week is seen at 33350/10000 while resistance is seen at 35100/10550. Bank Nifty would have a range of 24150-25860. Among the Nifty 50 stocks over 90% weightage is on corrective which confirms the weakness.

BUY HINDUSTAN UNILEVER     

CMP: Rs 1,578.40 

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in