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Nifty outlook and top trading ideas from Prabhudas Lilladher for today

Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher.

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Vaishali Parekh
Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:

NIFTY VIEW
 
Nifty has been oscillating between the levels of 10050-10250. Market players await the Fed outcome and we anticipate some volatility in the market. Since Nifty could not sustain above the 200 DMA level, the bias has turned negative. The support for the day is seen at 10090 while the resistance would be at 10210 levels.

BUY ASHOKA BUILDCON    
CMP : Rs 246.65      
TARGET : Rs 270    
STOP LOSS : Rs 232

 
The stock has