Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
NIFTY VIEW:
Nifty closing above 10485 has saved the daily trend from turning down, which has been up since the past 14 days. Market has once again turned volatile ahead of expiry & year end. The support for the day is seen at 10450 while resistance is seen at 10530.
BUY BHEL
CMP: Rs 92.65
TARGET: Rs 100
STOP LOSS: Rs 89
The stock has more or less made a higher bottom formation pattern in the
NIFTY VIEW:
Nifty closing above 10485 has saved the daily trend from turning down, which has been up since the past 14 days. Market has once again turned volatile ahead of expiry & year end. The support for the day is seen at 10450 while resistance is seen at 10530.
BUY BHEL
CMP: Rs 92.65
TARGET: Rs 100
STOP LOSS: Rs 89
The stock has more or less made a higher bottom formation pattern in the