 "Markets, Buy, Sell, Stocks, Shares")
Nifty outlook and few trading ideas by Vaishali Parekh, research analyst- technical research at Prabhudas Lilladher.
NIFTY VIEW
Nifty faces resistance at 10930 since 3 consecutive days. The market continues with its range bound movement with a lull in sectors. RIL continues to do well post results now giving good potential targets & also being a catalyst for Nifty while Sun Pharma turns to be a disappointment. The support for the week is seen at 35800/10720 while resistance is seen at 36880/11070. IT sector has been showing good momentum along with mid-cap IT Sector. Bank Nifty would have a range of 26850-27980.
BUY
