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Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
NIFTY VIEW
The day began with positive Global cues with Nifty surging towards 10,472 now to re-test the previous high of 104,90. The support for the day is seen at 10,400 while resistance is seen at 10,510.
FORCE MOTORS - BUY
CMP: Rs 3,302
STOP LOSS: Rs 2,600
TARGET: Rs 3,800
The stock after making a bottom at around 3000 levels & has been in a recovery mode also has maintained above the 34 WMA in the
NIFTY VIEW
The day began with positive Global cues with Nifty surging towards 10,472 now to re-test the previous high of 104,90. The support for the day is seen at 10,400 while resistance is seen at 10,510.
FORCE MOTORS - BUY
CMP: Rs 3,302
STOP LOSS: Rs 2,600
TARGET: Rs 3,800
The stock after making a bottom at around 3000 levels & has been in a recovery mode also has maintained above the 34 WMA in the
