NIFTY VIEW
The week has begun with a bang with the Nifty closing above 10,950 and moving past the cluster of significant moving averages bringing a new range for indices and we anticipate further upward momentum. The support for the day is seen at 36,160/10,920 while resistance is seen at 36,740/11,060. Bank Nifty too moving past 27,300 elevates the range and we have the range for the day as 27,270-27,850 levels. Mid-caps have begun with a roaring recovery which should now be the focus.
BUY INDUSIND BANK
CMP: Rs 1,541.60
TARGET: Rs 1,660
STOP LOSS: Rs 1,470
The stock has given