 "Image: iSTOCK")
NIFTY VIEW
Market has very well managed to sustain above 11,650 levels post Budget. Nifty, in fact, has managed to hold above 12,000 level with a strong bounce. The index needs to sustain above 12,150 levels to continue with uptrend. F0ailing this & a move below 12,000 levels would bring in corrective move. The weekly trend in Nifty and BankNifty continues to be down. The support for the week is seen at 40,300/11,820, while resistance is seen at 41,980/12,380. Bank Nifty would have a range of 30,350-32,050.
BUY SBI LIFE
CMP: Rs 947.30
TARGET: Rs 1,040
STOP LOSS:
