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Nifty outlook and top trading ideas from Sacchitanand Uttekar, DVP – Technical (Equity), Tradebulls Securities:
Nifty Outlook:
Nifty has commenced its fresh impulse wave post establishing a strong swing at 10360 which could act as a base for the expected elevated up move. It has close above its 200 DEMA with its Daily RSI again climbing above 50 with a positive crossover indicating momentum to continue. The rally so far from the recent lows has been with broad based too along with the large caps leading from the front. Fresh writing at 10400 PE reaffirms the strength in the base while the
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