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:

NIFTY VIEW
 

Nifty Market continues to move in narrow range with high volatility & no conviction in a consistent move. The support for the day is seen at 10350 while resistance is seen at 10460. Nifty once again needs to decisively cross 10435-10440 hurdle for next target of 10500 & hold it’s near term support of 10350. Media stocks like TV-18, TV Today, Network 18 etc are showing good strength.

BUY EDELWEISS CAPITAL      
CMP : Rs 269.85