Short-term outlook for market looks positive; Buy BATA, Pidilite

The short-term outlook for the market remains positive till Nifty trades above 10489 levels and expecting targets in the range of 11000-11400 levels

NIFTY      

CLOSE- 10693.70  (07.12.2018)

The market closed weekly in negative territory. It sharply reversed near from crucial support levels at the end of trading session. It made a low of 10588.25 levels on Nifty & 35266.76 levels on Sensex. One can expect the market to trend towards higher levels targets as mentioned below in short to medium term till it reverses. 

There are few alternatives from wave count perspectives as per chart attached. But all indicating bullish outlook till medium term reverses. Risk reward is favourable to BUY stock specific at current levels.

The short-term outlook for the market remains positive till