 "Markets, Stocks, BSE, NSE")
Nifty outlook and few trading ideas by Vaishali Parekh, research analyst - technical research at Prabhudas Lilladher.
NIFTY VIEW
The market is witnessing selling pressure at higher levels with Nifty finding it hard to sustain above 10850 levels also with the trend of all periodicity continuing to be down. Most sectors as mentioned earlier continue to show weakness, Bank Nifty still outperforms Nifty. The support for the day is seen at 35650/10725 while resistance is seen at 36040/10830. Bank Nifty would have a range of 27100-27500.
BUY AMARA RAJA BATTERY
CMP: Rs 735.55
TARGET: Rs 810
STOP LOSS:
