 "buy")
MARKET VIEW
The Nifty index has been witnessing a tight range-bound movement between 11,650 levels on the downside which is where the significant 50-day moving average (DMA) lies and 11,900 levels on the upper hand and it needs a decisive breach on either side to bring about a fresh directional movement. However, the support for the week lies at 38,800/11,600 levels for the Sensex and Nifty, respectively, while the resistance lies at 40,050/12,000 levels. Bank Nifty would have a range of 30,500-31,750.
BUY Indraprastha Gas (IGL)
CMP: Rs 314.65
TARGET: Rs 340
STOP LOSS: Rs 306
The stock has witnessed a
