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

Nifty has indicated a breakout above the 10,830 levels and improved the sentiment and bias also along with Bank Nifty which gave a decent bounce from the level of around 26,100 and now need to cross the barrier of 26,800-26,850 decisively to confirm a positive bias. However, the support for the day is seen at 10,800 levels while the resistance would be at 10,900. With the results of TCS and Infy to be released this week, it would be a result driven market.

BUY