Logo


Buy Fortis Healthcare for a target of Rs 160: Prabhudas Lilladher

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

Markets, Up, Down, BSE, NSE, Stocks
Photo: Shutterstock.com

Nifty outlook and few trading ideas by Vaishali Parekh, research analyst- technical research at Prabhudas Lilladher. NIFTY VIEW Nifty has broken a crucial support of 10585 which would imply a further downside to 10400 levels; also Nifty closing below 50DMA confirms the weakness. The support for the day is seen at 34670/10420 while resistance is seen at 35220/10550. Bank Nifty would have a range of 25800-26380. Once again it becomes a sell on rising with the level of 10750 as resistance. IT sector along with other sectors continue to show weakness. BUY FORTIS ...