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Market outlook and top two trading ideas by Prabhudas Lilladher

Support for the week is seen at 38,230/11,320 for Sensex and Nifty, respectively, while resistance is seen at 39,400/11,700.

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Vaishali Parekh Mumbai
NIFTY VIEW

Nifty has been consolidating near 11,500 levels to maintain the bias and as of now only a breach above 11,700 levels would bring about further fresh upward movement whereas on the downside the level of around 11,350 would prove to be a crucial support zone which, if broken, can witness some further more downside slide. However, the support for the week is seen at 38,230/11,320 for Sensex and Nifty, respectively, while resistance is seen at 39,400/11,700. Bank Nifty would have a range of 29,260-30,470 levels. 

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First Published: Sep 30 2019 | 7:58 AM IST

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