Markets have been choppy since the past few trading sessions and have started the week on a lacklustre note. Find out stocks which you can buy from a week's perspective for smart gains with Parag Doctor, Head- trading strategies, Keynote Capitals Ltd.
Smartinvestor : Markets have started the week on a negative note. What are the important levels that one should watch out for?
Parag Doctor : Nifty has an important support at 5,650 a levels where the last F&O contract was settled and if we fall below this then the support is at 5,630 which was the breakout given in the month of February.
Smartinvestor : RIL and Axis Bank are likely to announce their second auqrter results later today. How are these stocks looking on charts?
Parag Doctor : Reliance Industries is stuck in a tight range and has an important support at Rs 800 and resistance is at Rs 840.
Smartinvestor : What is your near term view on the Bank Nifty?
Parag Doctor : Bnk Nifty chart is looking similar to the Nifty. Support for Bank Nifty is at 11,000-11,150
Smartinvestor : Can you recommend some stocks that one can buy from one week's perspective?
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