Nifty outlook and top trading ideas by Prabhudas Lilladher

Nifty outlook and few trading ideas by Vaishali Parekh, research analyst - technical research at Prabhudas Lilladher.

Nifty View

Nifty has crossed the hurdle of 10830-10850, now likely to break out from this range for higher targets with supporting indicators. Bank Nifty too amidst all the choppiness continues to surge with star performers like Axis & ICICI. The support for the day is seen at 35930/10780 while resistance is seen at 36500/10920. Bank Nifty would have a range of 27430-28030. The market now awaits the result of IT Giant TCS. ITC & Tata Motors too have after a long consolidation come out