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Two stocks that Vaishali Parekh of Prabhudas Lilladher is bullish on

The support for the week is seen at 40,840/12,000 for Sensex and Nifty,respectively, while resistance is seen at 42,200/12,450.

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2 min read Last Updated : Dec 30 2019 | 8:14 AM IST

NIFTY VIEW

The daily trend in Nifty and Bank Nifty still continues to be down, even after a good bounce by the Nifty to close at 12,245, while weekly trend continues with its uptrend. The support for the week is seen at 40,840/12,000 for Sensex and Nifty,respectively, while resistance is seen at 42,200/12,450. Bank Nifty would have a range of 31,670-33,040. SBI, Axis Bank, ICICI Bank, etc have got in new round of momentum and look positive for the coming days. Automakers and ancillary stocks like Bosch look positive. It's the time to focus on media sector - Zee, Sun TV,

Topics : technical calls trading ideas from Prabhudas Lilladher

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