Top stock picks by CapitalVia: Buy Adani Green Energy, Torrent Pharma

Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor

Sit tight with strict stop losses: Nifty may take a correction of up to 11,300
 

The immediate support zone of Nifty will remain in the range 11,450 and 11,500. For the next bull run, we are expecting that the market may take a correction up to 11,300 level so it will be wiser to sit tight with stop losses in your leveraged buy positions. 

The volatility index INDIAVIX closed at 16.11 and Nifty closed at 11,512.40 with a low of 11,499.75 in the Friday's (September 27) trading sessions. Banknifty closed with a long legged doji in weekly chart and in daily