 "Markets, Buy, Sell, Stocks")
Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
NIFTY VIEW: Market saw a decent recovery from the lows of 10,586 and as of now the level of 10,550 for Nifty can be considered as the major support. The sentiment remains still pessimistic unless and until Nifty gives a close above 10,850 levels. The support for the day is seen at 10,600 while resistance is seen at 10,720. We maintain a cautious view and wait for the market to stabilize.
NIFTY VIEW: Market saw a decent recovery from the lows of 10,586 and as of now the level of 10,550 for Nifty can be considered as the major support. The sentiment remains still pessimistic unless and until Nifty gives a close above 10,850 levels. The support for the day is seen at 10,600 while resistance is seen at 10,720. We maintain a cautious view and wait for the market to stabilize.
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CMP: Rs 557.45
