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Top trading ideas for today's trade: Buy Bajaj Finserv, Sell India Cements

Nifty outlook and top trading ideas by Sacchitanand Uttekar, AVP - Technical (Equity), Tradebulls.

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Sacchitanand Uttekar Mumbai
Nifty outlook and top trading ideas by Sacchitanand Uttekar, AVP – Technical (Equity), Tradebulls:

Nifty Outlook:

Action remains outside the index as Nifty has been oscillating within the range of 10,620-10,550. We expect the range bound action to continue within the broader range of 10,705-10,500 & maintain our bullish bias until 10,490 is not breached on closing basis. On the other hand, banking sector continues to add pressure & is slightly tilted towards the negative side due to persistent weakness in PSU names. On the flipside, a breach above 25,130 in bank nifty would trigger fresh positive momentum until then expect

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