 "buy")
NIFTY VIEW
The indices for now are holding on at higher levels, refusing to correct; however, the IT sector corrected by over 1 per cent with rupee strengthening, while Bank Nifty, too, was well within the range. The support for the day is seen at 37,800/11,380 for Sensex and Nifty, respectively, while resistance is seen at 38,360/11,530. Bank Nifty would have a range of 27,270-29,900. Among banking stocks, Axis, Kotak and PSU banks look favorable. RIL, too, looks positive.
BUY AXIS BANK
CMP: Rs 751.60
TARGET: Rs 820
STOP LOSS: Rs 720
The stock has had a good run in
