Nifty outlook and few trading ideas by Vaishali Parekh, research analyst - technical research at Prabhudas Lilladher.
NIFTY VIEW
The market continues to consolidate at these levels, however daily & weekly trend in Nifty is positive while Bank Nifty has got its daily trend turned down. The support for the day is seen at 35850/10800 while resistance is seen at 36400/10930. Bank Nifty would have a range of 26400-26980.market once again is clueless at this level, all eyes on RBI Policy. IT Sector has once again got in a new round of momentum, Wipro, Hexaware, TCS etc look promising.
BUY ONGC
CMP: 146.15

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