 "Markets, Buy, Sell, Stocks, Shares")
Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
NIFTY VIEW
Nifty took a breather at around 10950 levels after the rally from around 10550 levels while Bank Nifty faced resistance at around 26940 levels and witnessed some profit booking. Bank Nifty need to break the barrier of 27000 levels for any fresh upward movement. With the ongoing result season of heavyweight stocks and weak global cues, much volatility is anticipated in the indices. However, the support for the day is seen at 10880 while the resistance would be at 11020
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