Nifty outlook and six trading ideas for today's trade by Devang Shah

10,200 is strong support and 10,500 is strong resistance levels, respectively for Nifty

NIFTY      

CLOSE- 10321.75 (10.11.17)

Market remained choppy with time-wise consolidation mode for the entire week. It closed the week in a negative territory at the end of weekly trading session. It still appears a time-wise consolidation phase for market for the short term. It made a high of 10,490.45 levels & low of 10,254.10 levels on Nifty during the week. 

One can expect market to trend towards upper end of channel as per chart attached towards short term targets levels as mentioned below in near term till it reverses. Trader should buy stock specific and book profits at regular intervals. 

  

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