 "Markets, Buy, Sell, Stocks, Shares")
NIFTY VIEW
Nifty for now has taken support at 11,780 levels, with daily trend turned up and short covering witnessed in many stocks. The week is a truncated one and with a move above 200-day moving average (DMA) level of 11,170 would bring about further upside momentum. The support for the week is seen at 36,880/10,880 for Sensex and Nifty, respectively, while resistance is seen at 38,280/11,340. Bank Nifty would have a range of 27,720-29,150. FMCG counter continues to surge with HUL, Dabur, Marico, etc showing good uptrend.
BUY M&M FINANCE
CMP: Rs 318.80
TARGET: Rs 360
STOP
