Buy DLF for a target of Rs 240, stop loss of Rs 180: Prabhudas Lilladher

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

NIFTY VIEW

Nifty continues to oscillate holding the crucial support of 11,370 levels, so unless Nifty gets below 11,350 bias still remains positive for an upward move supported by Bank Nifty, Pharma and IT Index. The support for the day is seen at 37,450/11,320 while resistance is seen at 37,880/11,450. Bank Nifty would have a range of 27,580-28,060. Rupee continues to be at all time low, while crude was stable. Tech and Pharma should continue to show strength.

BUY DLF   

CMP: Rs 206.70       

TARGET: