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Nifty outlook and technical calls from Prabhudas Lilladher

Few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher

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<b> Photo: Shutterstock </b>

Vaishali Parekh Mumbai
Few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
 
Nifty Outlook

Nifty has kept itself well above 10,000 levels, the next move could be marginally higher from here or maybe consolidation, the near term support continues to be 9,960 while for Bank Nifty the near term support lies at 24,700.
 
SHRIRAM TRANSPORT FINANCE - BUY     
CMP: Rs 1,017     
TARGET: Rs 1,125         
STOP LOSS:  Rs 965
 
The stock has been taking support at around the 960 levels at  regularly intervals and it has produced a bullish candle closing above