 "Markets, Buy, Sell, Stocks")
NIFTY VIEW
Nifty continues to sustain above 11,500 levels with a positive bias. Many frontline stocks are getting in new price territory such as TCS. Support for the day is seen at 38,650/11,630 For Sensex and Nifty, respectively, while resistance is seen at 39,170/11,760. Bank Nifty would have a range of 29,820-30,400. Auto, IT, Bank Sector continue to show strength. Auto ancilliaries, too, are now gaining strength. We have a positive view on Bharat Forge, Exide, Motherson Sumi, etc.
BUY HIMATSINGKA SEIDE
CMP: Rs 226.25
TARGET: Rs 280
STOP LOSS: Rs 200
The stock has been consolidating for a while
