 "Markets, Buy, Sell, Stocks")
NIFTY VIEW
Market at crucial support levels bringing panic to bulls as a break of 11,540 calls for a further corrective view to 11,300. Bank Nifty has already eroded over 1,000 points in last three days. Support for the day is seen at 38,270/11,500 for Sensex and Nifty, respectively, while resistance is seen at 38,850/11,630. Bank Nifty would have a range of 29,160-29,780. IT sector is still holding well with some momentum seen in pharma sector. Sun Pharma looks promising from here on. VIX also continues to be high, cautious view.
BUY INFOSYS
CMP: Rs 728.20
TARGET: Rs 760
STOP LOSS:
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