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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

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

NIFTY VIEW

The market has got into the festive mood with all large-cap and now also the mid-cap stocks have started participating, RSI on the daily chart being at 59 calls for a further strong up move. The support for the day is seen at 36080/10840 while resistance is seen at 36620/10970. Bank Nifty would have a range of 26880-27470. PSU Banks too have started participating with SBI taking the lead. All large-cap like LT, Sun Pharma, RIL, etc. continue to look positive.

BUY SUN PHARMA 

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