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Top trading ideas by Prabhudas Lilladher: Buy Kiri Ind, Federal Bank

Nifty outlook and top trading ideas by Vaishali Parekh, research analyst - technical research at Prabhudas Lilladher.

Markets, Buy, Sell, Stocks
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Vaishali Parekh Mumbai
NIFTY VIEW

The market continues to consolidate with high volatility. The daily chart of the IT sector, after making a double- top pattern, has witnessed some profit booking while a few mid-cap IT stocks would continue to do well. Bank Nifty, too, has been in a very narrow range, while the Energy Index is showing momentum for now. The support for the day is seen at 35,560/10,720 levels for Sensex amd Nifty, respectively, while resistance would be seen at 36,160/10,860 levels. Bank Nifty would have a range of 26,480-27,100.

BUY KIRI IND

CMP: Rs 379.30
TARGET: Rs 420
STOP LOSS: Rs 365

The

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