 "Markets, Buy, Sell, Stocks, Shares")
Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
NIFTY VIEW
NIFTY VIEW
Nifty is slowly cruising to the 10400 levels where it faced a resistance in the previous session and as said earlier after the breakout indicated above the descending channel, the sentiment has little bit improved and a bounce back was anticipated but need to be cautious at 10450-10470 levels where a strong resistance is expected with the significant 50 DMA also lying in that zone. However, the support for the day is seen at 33600/10320 while the resistance would be at
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