Nifty outlook and key trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
NIFTY VIEW:
Market witnessed a lack luster day with expiry of future contracts approaching; also no buying interest was seen during the day. The support for the day is seen at 10,320 while resistance is seen at 10,400.
BUY ESCORTS
CMP: RS 703.50
TARGET: Rs 750
STOP LOSS: Rs 650
The stock has witnessed a steep correction from 787 to fall to 680 level and from thereon has consolidated around the 680 level gaining strength and
NIFTY VIEW:
Market witnessed a lack luster day with expiry of future contracts approaching; also no buying interest was seen during the day. The support for the day is seen at 10,320 while resistance is seen at 10,400.
BUY ESCORTS
CMP: RS 703.50
TARGET: Rs 750
STOP LOSS: Rs 650
The stock has witnessed a steep correction from 787 to fall to 680 level and from thereon has consolidated around the 680 level gaining strength and