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Nifty outlook and few trading ideas by Prabhudas Lilladher for today

Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher

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Vaishali Parekh
NIFTY VIEW
The bounce back rally seems to be capped at crucial resistance level of 10630 which is also where the 50DMA lies. Market would now witness a range of 10300-10650 levels for the coming days and a decisive move past any of these levels would decide the further move. The support for the day is seen at 10500 while resistance is seen at 10610.

BUY  NCC

CMP: Rs 130.35

TARGET: Rs 145

STOP 
LOSS: Rs 122

The stock has been in consolidation for quite some time moving in the range of 123 and 128 levels and now has given a breakout with

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First Published: Feb 28 2018 | 8:23 AM IST

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