Nifty outlook and few trading ideas by Vaishali Parekh, research analyst - technical research at Prabhudas Lilladher:
NIFTY VIEW
The market continues to sustain well within the range, but for now, it is essential and crucial for Nifty to close decisively above the 10650 mark to have conviction and expect further up move in the coming days. Bank Nifty also showed some sort of resistance near 200 DMA at around 26050 levels. support of the day is seen is at 34970 / 10520 while resistance is seen at 35330 / 10640. Bank Nifty would have a range of 25700 –