Nifty outlook and trading ideas by Prabhudas Lilladher for today's trade

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

NIFTY VIEW:

Nifty has been resisting at 10650 levels and now a consolidation between the range of 10650 and 10580 can be witnessed and fresh upside movement can be confirmed only if it decisively gives a breakout above the 10650 levels. However, the support for the day is seen at 10580 while the resistance would be at 10690 levels.

BUY INDIA CEMENTS     

CMP: Rs 193       

TARGET: Rs 220       

STOP LOSS: Rs 182

The stock has moved significantly in the recent past and