NIFTY VIEW
The daily and weekly trend continues to show weakness in indices with selling seen in almost all sectors. Nifty has closed lower below 50 DMA & sentiment is now turning nervous for bulls. The support for the week is seen at 10260 while resistance is seen at 10600. Bank Nifty has still lot of room for downslide to a level of 24600-24500. We recommend a cautious approach and a corrective phase for market.
BUY POWER GRID
CMP: Rs 195.55
TARGET: Rs 215
STOP LOSS: Rs 188
CMP: Rs 195.55
TARGET: Rs 215
STOP LOSS: Rs 188
The stock has witnessed a gradual correction from the peak of