 "Markets, Buy, Sell, Stocks")
MARKET VIEW
Nifty recovered gradually from the low of 11,770 and hit the 12,000-mark to signify positive bias and overall sentiment looks optimistic. Bank Nifty, too, has regained strongly from the low of 30,627 and can retest the previous high levels. However, the support for the day is seen at 39,660/11,880 for Sensex and Nifty, respectively while resistance is seen at 40,230/12,030. Bank Nifty would have a range of 30,950-31,550. Watch for select Pharma stocks like Cadila, Auro, Cipla which have trigerred positive momentum.
BUY SBI
CMP: Rs 347.10
TARGET: Rs 370
STOP LOSS: Rs 335
The stock has indicated
