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

NIFTY VIEW
 

The daily trend of Nifty has turned up after 4 days but still as said earlier, the levels of 10780-10800 would be crucial and only a decisive breach above that level would decide for a fresh further movement of the index. As of now, all eyes are waiting for the Karnataka election results and it would be a big event to watch for. However, the support for the day is seen at 10680 while resistance is seen at 10790.

BUY  HCL INFOSYSTEM  

CMP : Rs 51.40
   
TARGET : Rs 57    

STOP