Nifty View
Nifty is trading in a narrow range of 11,620 to 11,844 for the last six sessions. After gaining 78 points in Tuesday’s trade, the index has reached near the higher band of the range. Any level above 11,844 would result in to a breakout, which could push Nifty towards 12,000. The level of 11,620 would continue to remain support for the Nifty.
BUY INDIAN HOTELS (Rs 159)
Target: Rs 170
Stop loss: Rs 154
The stock is on the verge of registering new all-time high above Rs 160. The level above Rs 160 would also result in to a multiple top breakout on

)