 "SMEs, banks, foreign exchange, markets, forex, small and medium price industries,")
Nifty outlook and few trading ideas by Vaishali Parekh, research analyst - technical research at Prabhudas Lilladher:
NIFTY VIEW
The market gives a much-awaited bounce with Nifty making a high of 10,482. This bounce can be further expected to 10550 levels. Support for the day is seen at 34,540/10,400 while resistance is seen at 35,000/10,520. Bank Nifty would have a range of 25000-25,620. This would still be considered as a bounce-back rally unless we sustain above 10,550, we would have a further projection of 10,800 target.
BUY INDUSIND BANK
CMP: Rs 1,638
TARGET: Rs 1,800
STOP LOSS: Rs 1,500
The stock has
