NIFTY VIEW
Nifty has once again got its daily and weekly trend turned down while BankNifty continues to have its weekly trend down but daily has turned up. Statae Bank of India (SBI), Axis Bank, and Kotak Mahindra Bank are the stocks to show some positive move in days to come. The support for the week is seen at 40,530/11,870 while resistance is seen at 41,880/12,320. Bank Nifty would have a range of 30,300-31,660. Most of the sectors are in red, while FMCG is still in positive. Marico should be the stock to focus on.
BUY APOLLO TYRES | CMP: Rs 158

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