Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
NIFTY VIEW:
Nifty has the level of 10,250 as a strong hurdle to cross; market continues to move sideways with near term support at 10,140. Not much can be expected ahead of long weekend. The support for the day is seen at 10,160 while resistance is seen at 10,250.
BUY RECL
CMP: Rs 159.55
TARGET: Rs 176
STOP LOSS: Rs 148
The stock has witnessed a steady correction from the levels of 224 and now has
NIFTY VIEW:
Nifty has the level of 10,250 as a strong hurdle to cross; market continues to move sideways with near term support at 10,140. Not much can be expected ahead of long weekend. The support for the day is seen at 10,160 while resistance is seen at 10,250.
BUY RECL
CMP: Rs 159.55
TARGET: Rs 176
STOP LOSS: Rs 148
The stock has witnessed a steady correction from the levels of 224 and now has