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Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
NIFTY VIEW
Nifty has its daily trend turned down along with Bank Nifty having its daily trend down since 2 days, while weekly trend is so far intact for both Nifty & Bank Nifty. Nifty has got a good base at around 10680 levels and if it is breached then may witness further fresh downward movement. However, the support for the day is seen at 10650 while the resistance would be seen at 10760 levels.
BUY RADICO KHAITAN
CMP: Rs 400.40
TARGET: Rs 445
STOP
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