 "Markets, Up, Down, BSE, NSE, Stocks")
Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
NIFTY VIEW
Nifty and Bank Nifty regained strongly to close above the 11000 and 27000 levels respectively improving the sentiment but only a breach of 11080 levels decisively for Nifty and 27150 for Bank Nifty can confirm the strength of the bounce back and can produce further upside movements. However, the support for the day is seen at 10950 while resistance is seen at 11070. Midcap stocks also made a good bounce back to improve the sentiment and bias.
BUY HERO MOTOCO
CMP: Rs 3,488.60
CMP: Rs 3,488.60
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