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Top trading ideas by Prabhudas Lilladher: Buy Infy, Firstsource Solutions

Nifty outlook and top trading ideas by Vaishali Parekh, research analyst - technical research at Prabhudas Lilladher.

Tata Investment Corp board approves Rs 4.5-billion share buyback
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Vaishali Parekh Mumbai
Market view

Nifty has crossed the hurdle of 10,850 and closed above with higher volume which gives us a scope for further upside with participation coming from IT, Banks and ITC. The support for the day is seen at 35,930/10,820 for Sensex and Nifty, respectively, while resistance is seen at 36,500/10,950. Bank Nifty would have a range of 26,880-27,460. Midcap sector too has got in to momentum showing some pullback rally for now. View is positive with Nifty sustaining above cluster of crucial moving averages.

BUY Infosys 

CMP: Rs 754.90        

TARGET: Rs 820      

STOP LOSS: Rs 730

The stock has almost

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First Published: Feb 26 2019 | 6:38 AM IST

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