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Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher.
NIFTY VIEW
Nifty after making a high of 10784 precisely at the resistance level & gave in to profit booking with volatility index getting in momentum, now implies market is likely to show fatigue at these levels with not ruling out a good corrective move. The support for the day is seen at 10660 while resistance is seen at 10770. Market now awaits the Fed meet outcome.
BUY UJJIVAN FINANCIAL
CMP: Rs 420.05
TARGET: Rs 460
STOP LOSS: Rs 406
The stock has
