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Nifty outlook and few trading ideas by Vaishali Parekh, research analyst - technical research at Prabhudas Lilladher:
NIFTY VIEW
Nifty made a fresh intraday low of 10138 and the sentiment has still further weakened with the close below 10250 levels and we still maintain a cautious view in terms of fresh buying. As of now we consider the level of 9950 as the major support zone for Nifty and 24000 levels for BankNifty. The support for the day is seen at 33740/10160 while resistance is seen at 34260/10300 levels. Bank Nifty would have a range of 24500-25050
BUY ADANI ENT
CMP: Rs 138.20
TARGET: Rs
