 "Markets, Up, Down, BSE, NSE, Stocks")
Nifty outlook and few trading ideas by Vaishali Parekh, research analyst - technical research at Prabhudas Lilladher
NIFTY VIEW
Nifty made a low of 10333 levels and as of now, this would act as a support for the time being which if broken can retest the 10000 levels and similarly for Bank Nifty, the low made at around 25600 levels would be the major base. However, the support for the day is seen at 34870/10470 while resistance is seen at 35400/10620. Bank Nifty would have a range of 25870-26420. We maintain a cautious view and go for select stocks.
BUY MAHINDRA & MAHINDRA
