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Nifty outlook and top trading ideas from 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
 
Market has witnessed a bounce back with daily trend continuing to be positive, with a close above 200DMA, a further up move to 10300 cannot be ruled out. The support for the day is seen at 10150 while resistance is seen at 10260. Pharma has now shown signs of bottoming out along with Auto stocks showing good upside potential.

BUY STERLITE TECH    
CMP : Rs 327      
TARGET : Rs 370    
STOP LOSS : Rs

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