Nifty view and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
Nifty View
Nifty continues to move in a very narrow range and is witnessing resistance at every rise near the 9,900 level and is finding difficulty to surpass the 10,000 mark. We anticipate Nifty to be in a range bound zone in the near term and also due to global factors like the North Korean tensions, volatility can be expected. The support for the day is seen at 9,900 while resistance is seen at 10,000.
JK PAPER - BUY
Nifty View
Nifty continues to move in a very narrow range and is witnessing resistance at every rise near the 9,900 level and is finding difficulty to surpass the 10,000 mark. We anticipate Nifty to be in a range bound zone in the near term and also due to global factors like the North Korean tensions, volatility can be expected. The support for the day is seen at 9,900 while resistance is seen at 10,000.
JK PAPER - BUY

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