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Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher.
NIFTY VIEW: Attempts in Nifty for a downward slide was witnessed but a pullback recovery saw the index to close above the 10400 level to signify a consolidation phase at these levels at least for the time being. The level of 10450 would be crucial for Nifty as said earlier and a decisive breach on either side after the forthcoming results of the heavyweights like Infy, TCS and RIL, would bring in fresh one sided movement. However, the support for the day is
