Buy Hewaware Technologies for a target of Rs 360: Prabhudas Lilladher

Nifty outlook and few trading ideas by Vaishali Parekh, research analyst- technical research at Prabhudas Lilladher.

NIFTY VIEW

Nifty crosses one hurdle of 10930, however, failed to cross 10985 along with volatility index on rise implying resistance at these levels. Among the Nifty 50, it has been only a few 4 stocks like RIL, Infy, Kotak & HDFC which have been driving the market. The support for the day is seen at 36300/10890 while resistance is seen at 36850/11020. Bank Nifty would have a range of 27240-27820. Mid-cap sector too has been unable to participate, hence it continues to be a stock