Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
Nifty View:
Indices are witnessing selling at these levels; however a decisive break of 10,080 in Nifty or a move past 10,180 would bring in clarity for the next move. However, the support for the day is seen at 10,100 while resistance is seen at 10,200.
KARNATKA BANK - BUY
CMP: Rs 154.80
TARGET: Rs 170
STOP LOSS: Rs 145
The stock has recently given a breakout above the previous resistance level of 138 & we
Nifty View:
Indices are witnessing selling at these levels; however a decisive break of 10,080 in Nifty or a move past 10,180 would bring in clarity for the next move. However, the support for the day is seen at 10,100 while resistance is seen at 10,200.
KARNATKA BANK - BUY
CMP: Rs 154.80
TARGET: Rs 170
STOP LOSS: Rs 145
The stock has recently given a breakout above the previous resistance level of 138 & we