 "algo trading")
Nifty outlook and few trading ideas by Vaishali Parekh, research analyst - technical research at Prabhudas Lilladher:
Nifty has been resisting at around the 10600 level and is in a consolidation range between 10450 and 10600 levels and a breach of either side of these levels can bring about a fresh movement. Similarly, for Bank Nifty, on the upside 25860 level is capped as of now and support on the downside is 25500 levels. The support for the week is seen at 34380/10330 levels while the resistance is seen at 35670/10760 levels. Bank Nifty would have a
NIFTY VIEW
Nifty has been resisting at around the 10600 level and is in a consolidation range between 10450 and 10600 levels and a breach of either side of these levels can bring about a fresh movement. Similarly, for Bank Nifty, on the upside 25860 level is capped as of now and support on the downside is 25500 levels. The support for the week is seen at 34380/10330 levels while the resistance is seen at 35670/10760 levels. Bank Nifty would have a
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