NIFTY VIEW
Nifty once again faced resistance near the 12,390 level, indicating a tough barrier, and, as said earlier, has to decisively give a breakout to have further fresh upward move. BankNifty has been under-performing and witnessing a gradual slide which should halt near 31,000 levels where a crucial support exists. However, the support for the week is seen at 41,250/12,120 while resistance is seen at 42,550/12,550. Bank Nifty would have a range of 30,880-32,200 levels. Mid-caps continue with their strong up-trend and is anticipated to do so till the budget time.
BUY BHARAT ELECTRONICS | CMP: Rs 108.60 | TARGET: Rs