Buy Voltas for a target of Rs 635, SL of Rs 555: Prabhudas Lilladher

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

NIFTY VIEW

Nifty witnessed a great week to close above the 10800 levels but the last 2 days saw resisting near the 10830 levels. Similarly, Bank Nifty too recovered strongly but need to cross the level of 27050 for further upward movement. However, the support for the week is seen at 35320/10600 while resistance is seen at 36460/10970. Bank Nifty would have a range of 26140-27350. Some volatility is anticipated and the chances of some profit booking cannot be ruled out in the coming days

BUY VOLTAS