 "markets, stock")
Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
NIFTY VIEW
The ongoing rise still continues to be a bounce back rally with daily and weekly trend still down and no indicator still suggests that market has bottomed out, however many stocks have come to retest their crucial support levels, hence it still is a wait & watch scenario. A positive sentiment confirmation can come only if a decisive break above 10780 levels is achieved. The support for the day is seen at 10520 while the resistance would be at
NIFTY VIEW
The ongoing rise still continues to be a bounce back rally with daily and weekly trend still down and no indicator still suggests that market has bottomed out, however many stocks have come to retest their crucial support levels, hence it still is a wait & watch scenario. A positive sentiment confirmation can come only if a decisive break above 10780 levels is achieved. The support for the day is seen at 10520 while the resistance would be at
