Business Standard

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

stocks, markets
Premium

Vaishali Parekh Mumbai
NIFTY VIEW

The Nifty has corrected nearly by 4 per cent from its peak of 10930. The near-term support now occurs at 10440-10500 levels, which would be a retracement of around 50 per cent. A bounce from this level is very likely, failing which we can see a further slide up to 10330, which also coincides with 200DMA. The support for the day is seen at 10450 while resistance is seen at 10570.

BUY MUTHOOT CAPITAL   
CMP : 972.05     
TARGET : 1050     
STOP LOSS : 940

The stock has been in a consolidation phase at

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