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NIFTY VIEW
Market witnessed good acceleration post the exit poll forgetting all pain witnessed over a period of time. Trend of all periodicities are back in positive for both Nifty and Bank Nifty. The support for the week is seen at 38,630/11,580 for Sensex and Nifty, respectively while resistance is seen at 40,100/12,060. Bank Nifty would have a range of 30,400-31,880. View is again positive and mid-cap sector, too, has started with its momentum; view for now is buy at every decline.
BUY AJANTA PHARMA
CMP: Rs 1,039.25
TARGET: Rs 1,150
STOP LOSS: Rs 980
The stock has maintained a
