 "(Photo: Kamlesh Pednekar)")
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 has made a decent correction from Rs
