Intraday support on Nifty seen at 10,070, says Prabhudas Lilladher

Few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:

Nifty outlook:

Nifty is at the peak level and has been surging ahead day by day. However, market now awaits the RBI Policy announcement, which would trigger a good swing either ways. For Nifty, the support for the day is seen at 10,070 while resistance is seen at 10,160.

BUY PVR    

CMP: Rs 1375.10      

TARGET: Rs 1510      

STOP LOSS: Rs 1325

The stock has made a correction from the recent peak of Rs 1600 to fall till Rs 1320 and now has bottomed out at