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Top trading ideas by Prabhudas Lilladher: Buy Maruti, Dilip Buildcon

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
NIFTY VIEW

Nifty has been hovering between the narrow range of 11,550 on the downside and 11,750 on the upside for quite some time and we anticipate a breach on either side of the range would bring in fresh movement and decide the trend of the market. Bank Nifty, too, has a similar rangebound between 29,700 and 30,200 levels. However, the support for the week would be seen at 38,120/11,440 levels for Sensex and Nifty, respectively, while the resistance would be at 39,260/11,800 levels. Bank Nifty would have the range of 29,300-30,440 levels.

BUY  MARUTI   

CMP: Rs 7,342.85       

TARGET: Rs