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Buy BASF, M&M, L&T Finance Holdings: Prabhudas Lilladher

Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher

Photo: Shutterstock.com
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Photo: Shutterstock.com

Vaishali Parekh Mumbai
NIFTY VIEW

After Nifty saw a support at 10141 levels, a pullback recovery took it near to the level of 10300 which was short-lived with bears again taking charge of the bulls. As said earlier, the level of 10140 would be crucial which if broken can see fresh downfall upto 10000 mark and thereafter 9800-9700 levels. However, the support for the week is seen at 9980 while the resistance is seen at 10450.


BUY  L&T FINANCE HOLDINGS     CMP : 160         TARGET : 178       STOP LOSS : 153

The stock has taken support at 155 on twice occasions