MARKET VIEW Market has been consolidating at these levels with selective stocks moving in rotation bringing in narrow trading opportunities. Support for the day is seen at 39,475/11,850 for Sensex and Nifty, respectively while resistance is seen at 40,000/12,000. Nifty now with decisive break of 11,850 can bring in further correction to 11,750 which still would not be damage to the trend.
Bank Nifty would have a range of 31,300-31,950. Midcap sector continues to show strength. BUY HDFC LIFE CMP: Rs 424. 95 TARGET: Rs 460 STOP LOSS: Rs 400 The stock ...
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