Top stock ideas from Prabhudas Lilladher for today: Buy L&T, India Cements

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

NIFTY VIEW

Nifty managed to close above the 10,800 levels but still is in the range bound zone between 10,720 and 10,830 levels while Bank Nifty too has reached near the resistance level of 26,850 levels and a breach on either sides would decide the further movement of the indices. However, the support for the week is seen at 10,620 while the resistance would be seen at 10,980 levels. Cement stocks have indicated a good revival and we anticipate it to continue the same momentum.

BUY